Measures the overall performance of suppliers based on a set of criteria such as quality, delivery, and cost.

What it Measures ?

Measures supplier performance using scorecards.

Relevant StakeHolders 

Procurement Heads, Vendor Teams

In-depth Use Case / Real-world Example

A company producing electronic devices calculates Supplier Scorecard Performance by evaluating each supplier on a range of factors including on-time delivery, defect rates, cost, and customer service. For example, if a supplier consistently delivers high-quality parts on time and within budget, they would score well on the scorecard. Regular performance reviews using this KPI help maintain strong supplier relationships and ensure continuous improvement.