Compare Supplier Cost Competitiveness, Sustainability, and Delivery for Procurement
Overview
This template helps procurement teams evaluate and compare suppliers based on key factors such as cost competitiveness, sustainability, product offerings, and delivery performance. By pulling in supplier contact information and key metrics (like lead times and delivery rates), this table automates the process of assessing the overall value and risk associated with each supplier.
It includes AI-powered columns that gather information on cost competitiveness, sustainability practices, quality ratings, and average lead times. These metrics are essential for making informed procurement decisions, reducing supply chain risks, and selecting the most reliable and cost-effective suppliers for your business needs.
How to use this template:
Enter the name of each supplier in the "Supplier" column.
Automatically retrieve contact information for each supplier, focusing on customer relations or sales.
Evaluate each supplier's cost competitiveness, sustainability score, and delivery performance (lead time, on-time delivery rate, quality rating).
Review the summarized risk assessment for each supplier to identify potential risks and challenges.
This template is ideal for procurement teams, supply chain managers, and businesses looking to streamline their supplier evaluation process by focusing on critical performance metrics.