Professional Documents
Culture Documents
Vendor
Vendor
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.
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.
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.
Step 1 - Criteria.
Assign weights to each criteria to reflect its relative importance to your business.
Criteria Weight
Quality = 35
Price = 30
Prompt Delivery = 20
Service = 10
Support = 5
Total 100
VENDOR 1
Weighted Score
Criteria Weight Grade (Weight X Grade)
VENDOR 2
Weighted Score
Criteria Weight Grade (Weight X Grade)
VENDOR 3
Weighted Score
Criteria Weight Grade (Weight X Grade)
Based on this analysis you should purchase from the highest vendor rating. Which is =
94.50