Supplier Scorecard

A Supplier Scorecard is a performance measurement tool that evaluates vendors against predetermined key performance indicators (KPIs). This structured assessment provides an objective basis for supplier development, risk management, and strategic sourcing decisions.

Comprehensive supplier scorecards typically measure:

• Quality metrics (defect rates, returns, etc.)
• Delivery performance (on-time, in-full metrics)
• Cost management and competitiveness
• Innovation and continuous improvement
• Responsiveness and communication
• Risk factors and compliance
• Environmental and social responsibility

Modern supplier relationship management systems automate scorecard data collection, calculation, and visualization, enabling regular performance reviews and helping identify both problematic suppliers and top performers that warrant expanded business opportunities.