Future-Proof Supplier Relationships with Performance Scorecards

You need to future-proof your supplier relationships with performance scorecards.

Factories change ownership, labor pools shift, and new regulations come into play.

A supplier that was perfect a year ago might suddenly fall short.

That’s why experienced buyers maintain supplier scorecards with metrics on on-time delivery, defect rates, responsiveness, and even innovation capability.

Update these metrics quarterly and track trends over time.

If you see a slide in any category, schedule a conversation or an in-person visit before issues escalate.

This proactive stance ensures your supply chain stays resilient.