Combine product prices, QC data, and parcel weights to visualize spending efficiency and shipping optimization.
Managing international sourcing involves juggling multiple data points: item costs, quality control outcomes, and final shipping weights. The MyCNBox Master Spreadsheet
1. The Three Core Data Columns
Start by structuring your spreadsheet with these essential columns:
| Column | Data Input | Purpose |
|---|---|---|
| A: Item Cost | Product price, taxes, agent fees. | Calculate total procurement spend. |
| B: QC Status | Pass/Fail, notes, defect ratings (1-5). | Link quality to cost for value assessment. |
| C: Parcel Weight | Actual weight (kg) per item/parcel. | Determine shipping cost efficiency. |
2. Creating Visual Dashboards for Insights
Use simple formulas and charts to visualize key metrics.
Cost-per-Quality Score
Formula: =IF(QC_Score>0, Item_Cost/QC_Score, "Check QC")
This metric highlights if higher cost correlates with better quality. A lower score here can indicate a cost-effective, quality purchase.
Shipping Cost Density
Formula: =(Item_Cost * Quantity) / Parcel_Weight
Shows the value ($) you're shipping per kilogram. A higher density often means better shipping cost efficiency.
QC Failure Cost Sink
Create a pie chart to visualize the proportion of total spend tied to QC Failed
3. Turning Analysis into Action
- Identify Overpriced, Low-Quality Suppliers:
- Optimize Packing:
- Balance Budget Allocation: