Who doesn’t want optimal performance from suppliers? By reviewing your suppliers periodically, you create immediate insights into supplier performance in relation to contract agreements. With Vendor Rating from Vendor Management, you collectively construct optimal insight into vendor performance. This allows you to monitor and encourage your suppliers to perform to the best of their ability.
The results of your supplier rating from Vendor Rating can be shared directly with your supplier in the Supplier Portal. It is also possible to include your supplier in the assessment, so that a fair and transparent overview of the cooperation can be provided. This transparency provides a solid foundation for making improvements in services for both parties.
Evaluating suppliers is often a time-consuming task that involves using several Excel files and emailing them to various respondents. With Vendor Rating from Vendor Management, you avoid this workload. The vendor rating is conducted completely digitally based on best practices including questions, shipping and rating.