Do Supplier Scorecards Work?

Posted on June 11, 2019, 6:24 p.m. by Team VendOp

Supplier Scorecard Issues

 

Does your company use supplier scorecards to rate your suppliers? If so, you have probably experienced that long, tedious questionnaire about the suppliers you’ve used months ago. But is the time you put into answering the questionnaire worth it? Does it gleam insightful information that helps your company make better purchasing decisions?

Check out this post on Spend Matters to see the pitfalls that are common to most supplier scorecard systems that companies use.

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