A large furniture manufacturer needed a solution that would help identify the best vendors for component purchases, based on pricing, fulfillment and delivering on commitments.
The CA team designed and developed a Vendor Scorecard that evaluates vendor performance across multiple criteria. The tool provides insights into vendor performance by item and geography, and compares vendors on the basis of pricing, delivery timeframes and fulfillment as per commitment. This allows the client to make informed decisions while placing purchase orders with vendors.
The Vendor Scorecard tool enabled the manufacturing client to systematically assess and compare vendors, leading to better sourcing decisions. It facilitated the identification of top-performing vendors, improving the efficiency and quality of the supply chain.