Supplier Performance Tracking – What to Measure
Track suppliers to know who delivers on time and who doesn’t.
Metrics
- On-time delivery – % of orders delivered by promised date
- Quality – Returns, damage, wrong items
- Price – Compare with other suppliers
- Fill rate – % of ordered items actually supplied
Simple Approach
Note in a book or spreadsheet: supplier, order date, promised date, actual date, issues. Review monthly.
Act On It
- Reward good suppliers with more orders
- Push back on late or poor-quality ones
- Have backup suppliers for critical items
Stockkeeper tracks purchase orders and receipts. Join the waitlist.