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Glossary / Also known as

Vendor performance scorecard

Another name for Vendor Scorecard.

Other names
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What does vendor performance scorecard mean?

Vendor performance scorecard is another name for Vendor Scorecard. A vendor scorecard is a structured evaluation tool that measures and tracks supplier performance across key metrics like compliance, delivery, quality, and cost.

The two names mean the same thing. You will see "vendor performance scorecard" in some ledgers, reports and contracts and "Vendor Scorecard" in others. The full entry covers how it works, with examples.

Read the full definition of Vendor Scorecard

Topics

From the glossary

Related terms.

Vendor management Vendor Scorecard A vendor scorecard is a structured evaluation tool that measures and tracks supplier performance across key metrics like compliance, delivery, quality, and cost. Also called supplier scorecard, vendor rating, vendor performance scorecard Accounts payable Accounts Payable (AP) Money a business owes to its suppliers and vendors for goods or services received but not yet paid for. Also called trade payables, sundry creditors, payables GST basics GST (Goods and Services Tax) India's unified indirect tax that replaced multiple central and state levies, creating a single national market for goods and services. Also called Goods & Services Tax Due dates and calendars Compliance Calendar A structured schedule of all regulatory filing deadlines and statutory obligations a business must fulfill throughout the year. Also called statutory due date calendar, filing calendar, compliance tracker Statutory compliance Business Compliance The process of adhering to all applicable laws, regulations, and industry standards that govern business operations in India. Also called corporate compliance, regulatory compliance Vendor management Preferred Vendor A preferred vendor is a pre-approved supplier who has met stringent evaluation criteria and is given priority status for procurement within specific categories. Also called preferred supplier, approved vendor, approved supplier
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