This add-on for
Microsoft Dynamics 365 Business Central is an easy-to-deploy tool to measure
operational performance of suppliers. Operational performance measurement is
the one aspect of supplier evaluation which should be constant, not only
because it has the most immediate and direct impact on your own operation, but
also because changes in performance can often be early signs of issues
elsewhere, such as financial stability problem. Most importantly, companies
need to use the results as a means to foster communications and a starting
point for supplier development and performance improvement.
The purpose of
COSMO Vendor Rating is to measure and report operational performance of suppliers.
This application add-on provides periodic analysis of quantitative variables
together with user evaluation of supplier performance.
Benefits to be
attained from maintaining a supplier performance evaluation
·
By
measuring supplier performance, you create the opportunity to influence it.
·
Supplier
performance evaluation can help to protect your own operation from supply chain
risks.
·
Most
suppliers tend to focus on performance improvement when they are monitored and
evaluated.
·
When
you are on top of supplier performance, you can make procurement and purchasing
decisions which are better informed.
Visit our product
site for more information about this product.
This app
supports the Essential and Premium editions of Dynamics 365 Business Central.
The app is available in German (Austria), German (Germany), German (Switzerland), Hungarian (Hungary), English (United States), English (Australia) and English (New Zealand).