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Supplier scorecards are tightly integrated into the sourcing process to ensure buyers can easily factor supplier performance into purchase decisions. Buyers obtain a comprehensive understanding of the costs of doing business with each supplier and a holistic view of supplier performance. This ensures suppliers live up to contractual terms while providing them with business incentives to continually improve.
ScoringTool helps supplier management and quality organizations scale their supplier assessment processes. Leveraging industry standard best practice methodologies, it utilizes web-enabled to produce quick and accurate results. The outcome is performance scores and actionable recommendations for continuous supplier improvement that can impact the customer's own quality, cost, and responsiveness.
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