The Procurement Glossary » Supplier Scorecard

Supplier Scorecard

Suppliers & Vendors

Definition

A structured summary rating a supplier across key metrics to track and compare performance over time.

Explanation

A scorecard consolidates measures — quality, on-time delivery, price, responsiveness, compliance — into a single view, often weighted and colour-coded. It anchors performance reviews and evidences award and improvement decisions.

Example

The quarterly scorecard shows on-time delivery slipping to 85%, triggering a corrective action plan.

Related terms

• Supplier Performance Management — The ongoing measurement of how well suppliers meet expectations on quality, delivery, cost and service.
• Weighted Scoring — An evaluation method that multiplies each supplier's score on a criterion by that criterion's weight, then sums the results into a single comparable total.
• On-Time In-Full (OTIF) — A delivery metric measuring the share of orders delivered both on the promised date and in the complete quantity.
• Corrective Action Request (CAR) — A formal request asking a supplier to investigate a problem, fix its root cause and prevent recurrence.

Related concepts

• Supplier Management — Onboarding, qualifying, evaluating and governing the suppliers a business relies on — turning a scattered vendor list into a managed supply base.

Frequently Asked Questions

What is Supplier Scorecard?

A structured summary rating a supplier across key metrics to track and compare performance over time. A scorecard consolidates measures — quality, on-time delivery, price, responsiveness, compliance — into a single view, often weighted and colour-coded. It anchors performance reviews and evidences award and improvement decisions.

Can you give an example of Supplier Scorecard?

The quarterly scorecard shows on-time delivery slipping to 85%, triggering a corrective action plan.

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