Vendor Scorecard

Input Pattern

Enter values in the left panel, keep units explicit, run the calculation, then copy or share the result. Invalid fields are highlighted immediately.

How to use this tool

1. Set the relative weight for price, reliability, and support.
2. Enter vendor names and scores using the same scoring scale for every vendor.
3. Run the scorecard and review the ranked result.
4. Discuss whether the weights reflect the actual decision before selecting a vendor.

Formula or method

• The scorecard multiplies each vendor score by the matching criterion weight and sums the weighted values.
• It supports structured comparison but does not replace diligence on contracts, security, service levels, or implementation risk.

Worked example

Ranking three support vendors

• Price weight: 30
• Reliability weight: 45
• Support weight: 25
• Three vendors scored on the same 1-10 scale

Result: The highest weighted score identifies the vendor that best fits the entered priorities.

If the ranking feels wrong, revisit the weights before changing individual scores to force an expected answer.

How to interpret the result

A vendor scorecard makes tradeoffs explicit; it should start discussion, not end procurement review.

• High score means a vendor fits the entered weights and scores, not that it is universally best.
• Run a sensitivity check with different weights to see whether the recommendation is stable.
• Keep notes on evidence behind each score for auditability.

Common mistakes

• Using different scoring scales for different vendors.
• Letting price dominate when reliability, security, or support risk is more important.
• Skipping contract, privacy, compliance, and implementation due diligence.

FAQ

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