Latest / The Buyer's Side with Fexingo: Procurement, Sourcing, and B2B Purchasing Decisions
How One Buyer Used Supplier Scorecards to Improve Performance
In this episode of The Buyer's Side, Lucas and Luna explore how a procurement team at a mid-sized automotive parts manufacturer used supplier scorecards to turn underperforming vendors into strategic partners. By implementing a transparent, data-driven scoring system across quality, delivery, cost, and innovation metrics, the buyer improved on-time delivery by 22 percent and reduced defect rates by 15 percent within one year. The hosts break down the specific categories in the scorecard, how the buyer shared results with suppliers to foster collaboration rather than punishment, and the…
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