Name: COSMO Vendor Rating | Supplier Evaluation Software
Availability: InStock

My Challenges

Success is not an individual achievement, but the result of really good teamwork. And the following applies to every industry: A company's competitiveness also depends to a large extent on the performance of the suppliers. After all, they are responsible for ensuring that the products reach the customers on time and, above all, in perfect condition.

For a good relationship with your suppliers, you need an objective and up-to-date picture of their ability to deliver. Cooperation will be easier for both sides if there is a uniform, transparent and, above all, comprehensible assessment.

If you are working with Microsoft Dynamics 365 Business Central, the successor to Microsoft Dynamics NAV, then the essential data for supplier evaluation is already available. What you need now is the ability to analyze and interpret this data in the best possible way.

And that's the solution we deliver.

How I will be supported

Imagine using supplier evaluation software that considers both quantitative and qualitative evaluation criteria, i.e. "hard facts" and "soft facts". You could also include your own qualitative criteria, such as audit results or other subjective assessments of a company's relationship with its customers. You decide which criteria to include.

The software solution automatically determines important "hard facts", such as adherence to deadlines and quantities, from the ERP system so that you can call them up at any time. All data flows together into a weighted evaluation and leads to a meaningful vendor rating. You always know exactly which supplier delivers how well – in the truest sense of the word.

My benefit

Through the regular and systematic evaluation of suppliers, you have an accurate assessment of the respective performance. Important key figures and critical factors are continuously monitored. You can immediately see where collaboration needs to be optimized and what the risks are.

Overall, your company can better manage its relationship with suppliers based on mutually accepted and comprehensible reviews.