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JaxWorks Small Business Spreadsheet Factory

Since 1996, JaxWorks has offered a suite of Free Excel workbooks and spreadsheets, and associated MS Word, PDF and HTML
documents, that cover a number of financial, accounting and sales functions. These are invaluable small business tools.

Also included Free are:


- Business plan tools, including spreadsheets and excellent instructions
- Excel functions glossary and guide;
- Free training courses for most Microsoft Office applications. These guides are in PDF format and rival
commercial books.
- Comprehensive list of acronyms, ratios and formulas in customer financial analysis, and financial terms;
- Suite of online calculators, including, breakeven analysis, productivity analysis, business evaluation;
- Altman Z-Score (covering publicly and privately held firms, and small businesses);
- and payroll analysis.
If you are involved in financial analysis at any level, or want to learn more about MS Excel and other applications in the Office suite
this site is invaluable.
Copyright, 2014, Jaxworks, All Rights Reserved.

Vendor Evaluation Analysis


For

Your Business, Inc.


How can the small business owner objectively evaluate the various
advantages and disadvantages of each vendor? One method is this form
that evaluates each supplier on key purchasing variables.
Enter numbers in shaded cells only. This Sheet is unprotected . . . Be Careful!

Step 1 - Criteria.
Assign weights to each criteria to reflect its relative importance to your business.
Criteria
Quality =
Price =
Prompt Delivery =
Service =
Support =
Total

Weight
35
30
20
10
5
100

Step 2 - Grading scale for each criteria


Quality

Number of acceptable lots from vendor divided by total


number of lots from vendor.

Price

Lowest quoted price of all vendors divided by vendor X.

Prompt Delivery

Number of ontime deliveries from vendor divided by total


number of deliveries by vendor.

Service

A subjective evaluation of the variety of services offered by


each vendor.

Support

A subjective evaluation of the advice and assistance


provided by each vendor.

Step 3 - Compute a weighted score for each vendor


VENDOR 1
Criteria

Quality =
Acceptable Lots =
Total Lots =

Price =
Lowest Quote =
Vendor 1 Quote =

Weight

Grade

Weighted Score
(Weight X Grade)

35
9
10

0.90

31.50

30
12.50
12.50

1.00

30.00

Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

Delivery =
Ontime =
Total =

Service =
Satisfied =
Total =

Support =
Requests =
Total =

20
10
10

1.00

20.00

10
8
10

0.80

8.00

5
5
5

1.00

5.00

94.50

VENDOR 2
Criteria

Quality =
Acceptable Lots =
Total Lots =

Price =
Lowest Quote =
Vendor 1 Quote =

Weight

Grade

Weighted Score
(Weight X Grade)

35
8
10

0.80

28.00

30
12.50
13.50

0.93

27.78

Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

Delivery =

20

0.80

16.00

10
8
10

0.80

8.00

5
4
5

0.80

4.00

Ontime =

Total =

10

Service =
Satisfied =
Total =

Support =
Requests =
Total =

83.78

VENDOR 3
Weight

Grade

Weighted Score
(Weight X Grade)

35
7
10

0.70

24.50

30
12.50
12.50

1.00

30.00

20
6
10

0.60

12.00

10
7
10

0.70

7.00

5
1

0.20

1.00

Requests =
Total =

Criteria

Quality =
Acceptable Lots =
Total Lots =

Price =
Lowest Quote =
Vendor 1 Quote =

Delivery =
Ontime =
Total =

Service =
Satisfied =
Total =

Support =

74.50

Based on this analysis you should purchase from the highest vendor rating. Which is =
94.50

Copyright, 2014, Jaxworks, All Rights Reserved.

Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

ndor Evaluation Analysis


For

Your Business, Inc.

d cells only. This Sheet is unprotected . . . Be Careful!

Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

Copyright, 2003, JaxWorks, Inc., All Rights Reserved.