Supplier Performance Scorecards come into play during formal evaluation cycles, providing a structured, periodic assessment of each supplier across defined dimensions: quality (defect rates, claims), delivery reliability (OTIF), price compliance, and service responsiveness.
Source: https://www.cips.org/knowledge/procurement-topics-and-skills/operations-management/tools/supplier-scorecards/
Tools that match this term
You might also be interested in these terms
Weekly: Top news, industry facts and insights from the world of logistics – free.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.