Vendor Score Card Follow

Vendor Score Card allows users to address common questions about their vendors in a search-enabled dashboard. This score card is a single source for information on vendor spend, financial ratings, locations, as well as vendor-specific opportunities and risks.

Vendor Score Card

This graphic below is an overview of the Vendor Score Card and each section is described in detail below:

1. Filters for Vendor Score Card

The Vendor Summary can be toggled between Manufacturers or Suppliers and searched on that basis.

There is a filter selection mechanism at the top of the interface for Vendor Score Card which allows users to filter Vendor Score Card by Location, City/Country, or Type to understand sourcing risk from associated spend when an adverse event has occurred.

Other filter fields can be used individually or in tandem using the plus sign to combine and apply multiple filters. The additional filters are GCM, Business Unit, Product (Family), and (Sub)Commodity.

2. Vendor Summary Table: Spend, Opportunity, and Financial Rating

View a list of vendors that are default sorted by Spend and click into them to load their score card. By default, the highest spend Vendor will have their score card automatically loaded to start. Other column headers can be clicked to sort, including Opportunities by descending order in currency, or Vendor name in ascending alphabetical order (depicted below)

The Vendor Summary Table contains Financial Rating details for the vendors, allowing the user to sort by this metric and download this entire Vendor Summary Table. This will help users evaluate their vendors and take this information for external analysis.

Clicking into any vendor's financial rating reveals a historical chart with that rating over time so you can evaluate their financial health over a longer time span.

Navigate Directly from Vendor Score Card to Spend and Opportunities

While reviewing the Vendor Summary in Vendor Score Card, users can click into a vendor's Spend and Opportunity metrics and navigate instantly and directly to the associated area of Spend Intelligence and Savings Opportunities with applied filters to limit the information to just one vendor.

If the vendor has multiple names, which the LevaData Platform has normalized, an arrow will appear next to their name to drop down the spend and opportunity for those specifically.

Taking this one-click journey will allow you to drill into specific spend and opportunity details for your vendor; this deeper-level analysis will inform your decision-making as you negotiate with the vendor.

Clicking that vendor's Spend sends you to a Manufacturer-filtered view of that same spend amount in Spend Intelligence:

Clicking that vendor's Opportunity sends you to a Manufacturer-filtered view of that same series of opportunities broken down by type and amount in Review Opportunities:

These links with automatic filtered navigation will help you to analyze spend and discover savings with these vendors.

3. Financial Rating

Review the Financial Health Rating (FHR) of the vendor with a color scale underneath, and below that, the vendor company’s stock price over the last year.

• Hover over the color scale elements to see the rating bracket of each; however, in general it is 0-100 in five segments of 20 from Red to Blue in the array listed.
• Hover over the stock price to see the value at any point in time in the past year.

4. Spend & Savings Trend: Spend Breakdown by Cost Trend

The Spend & Savings Trend chart provides visibility of spend where MPN costs increased, decreased, or remained flat. This allows you to view spend trends for individual vendors and evaluate your long-term spend and savings with them.

Spend and Savings Trend shows a graph with time series on the X-axis and the Y-axis is doubled by both data elements:

• Spend ($) amount is on the left-bound Y-axis in a multi-colored bar graph indicating spend amounts by amount flat (grey), amount increasing (red), and amount decreasing (green).
• Savings % is on the right-bound Y-axis and in a light blue trend line.

5. Top Opportunities and Risks

Top Opportunities and Risks shows the three highest priority parts under this vendor. The highlighted part numbers below will be used to demonstrate cross-platform features.

Top Opportunity Logic aggregates the next four quarters of opportunities for all Manufacturer Part Numbers (MPNs) with this vendor and sorts it in descending order by opportunity amount. These values can be corroborated in the Review Opportunities feature and actioned there.

Top Risk Logic aggregates MPNs with this vendor and sorts them by descending order via four factors including lead time length, nearest years to end of life (YTEOL), single source risk, and total spend. These parts can be reviewed in other areas of the platform like Leadtime Trends (View by MPN Search) and Manufacturer Risk (Scope Filter to MPN) for more detailed and actionable information on risks.

6. Vendor Locations

Vendor Locations shows a world map with a legend for site type, and users can:

• Scroll the mouse wheel on the map to zoom in or zoom out or press the plus/minus buttons
• Hover over a site location for a tooltip with specific geographic information
• This information is useful for assessing geographic risk in your supply chain.

Vendor Locations can be expanded to enhance visibility, and location types can be filtered to isolate for specific analysis (e.g., Factory). This provides geolocation awareness of potential spend sourcing locations.

Conclusion

With Vendor Score Card, you should be able to easily identify for any specific vendor:

• how much spend and opportunity you have
• how financially stable they are
• how your spend and savings with them have changed over time
• their locations and how that impacts your supply chain
• your top opportunities and risks.

We expect that this feature will improve your negotiation positions as you engage in strategic procurement activities with your vendors.