Delivery speed is measurable. The MuleBuy Spreadsheet provides a systematic approach to identifying top-performing vendors by analyzing lead-time averages across shipments.
The Foundation: Consistent Data Logging
Accurate comparison begins with consistent data entry. For every shipment in your MuleBuy spreadsheet, ensure you log:
- Order Date:
- Shipment Date:
- Delivery Date:
- Vendor Name:
- Shipment Date:
The core metric, Lead Time, is calculated as: Delivery Date - Order Date. Modern spreadsheet tools can automate this calculation.
Analyzing Performance: From Raw Data to Insight
With data logged, transform it into actionable insights using these spreadsheet functions:
1. Average Lead Time by Vendor
Use the AVERAGEIF
2. Consistency Check (Standard Deviation)
Use STDEV.PSTDEV.S
3. On-Time Rate
Create a column to flag shipments that met your target lead time. Then, use COUNTIF
Visualizing for Clear Comparison
Charts turn numbers into clear visuals. Recommend creating:
- A Bar Chart
- A Scatter or Line Chart
This visual analysis makes it easy to instantly identify the fastest and most reliable partners.
Taking Action: Sourcing Decisions Based on Data
Your analyzed MuleBuy spreadsheet now empowers you to:
- Rank Vendors:
- Balance Speed & Cost:
- Identify Issues:
- Reward Performance:
- Balance Speed & Cost: