Efficient vendor management is crucial for successful dropshipping. The RizzitGo spreadsheet empowers you to make data-driven decisions by creating clear, actionable seller comparison tables. This guide will show you how to structure your spreadsheet to evaluate Quality Control (QC) rates, price accuracy, and communication speed across your supplier list.
Setting Up Your Comparison Table Framework
Begin by creating a new sheet in your RizzitGo workbook dedicated to vendor analysis. Establish the following core columns as the foundation of your comparison table:
- Vendor/Supplier Name:
- Product Category/ASIN:
- QC Pass Rate (%):
- Price Accuracy Score (1-10):
- Avg. Response Time (Hours):
- Overall Rating:
- Notes/Observations:
- Product Category/ASIN:
How to Measure Key Performance Indicators (KPIs)
1. Evaluating QC Rates
Track the number of items without defects or issues against total orders received over a period. Formula: (QC Passed Units / Total Units Received) * 100. Enter this percentage for each vendor. Use conditional formatting
2. Assessing Price Accuracy
Score vendors on a scale of 1-10 based on how often the final invoice matches initial quotes. Consider unexpected fees, shipping costs, and currency fluctuations. A consistent, transparent vendor scores a 9 or 10.
3. Tracking Communication Speed
Record the average time it takes for a vendor to respond to inquiries (pre-sales) and resolve issues (post-sales). Use a simple average calculation: =AVERAGE(ResponseTimeRange). Faster response times often correlate with better service reliability.
Creating an Actionable Table in Your Spreadsheet
Convert your data into a filterable and sortable table. In Excel or Google Sheets, highlight your data range and use the "Format as Table" function. This allows you to:
- Quickly sort vendors by the highest QC Rate or lowest Response Time.
- Filter to show only vendors in a specific product category.
- Instantly visualize top performers and identify underperformers needing review.
Create a dashboard section at the top of your sheet using MAX, MIN, and AVERAGE
Turning Data into Decisions
A well-maintained seller comparison table in RizzitGo is more than just data—it's a strategic asset. By systematically tracking these KPIs, you can:
- Identify and reward your most reliable suppliers with more business.
- Pinpoint negotiation points (e.g., addressing consistent price inaccuracies).
- Make informed sourcing decisions for new products based on historical vendor performance.
- Streamline your operations and reduce risks related to quality and communication.
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