Download the AssurX "9 Benefits of a Supplier Scorecard" Infographic
Imagine if your plant is starting work on a big order. You’ve just been advised that a supplier has placed a key material on backorder. To fulfill the contract with your customer, you’ll need to contract a different vendor, but your top-tier suppliers are booked with orders and can’t meet your deadline. With no option but to look at secondary (or tertiary) suppliers, you need more details than just availability to make the right choice.
That’s where the supplier scorecard comes in.
Within an enterprise quality management system (EQMS), manufacturers can use the supplier scorecard to mitigate risk, benchmark vendors, and manage supplier performance.
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