Business Tools/ Operations & Procurement
Free vendor-selection tool

Vendor Comparison Scorecard

Compare suppliers on price, quality, service and risk with a weighted ranking that keeps low cost from automatically overpowering better performance.

Simple scorecard

Set the decision weights

Weights normalize automatically
VendorQuoted priceQualityServiceRisk
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Scales: Quality and service use 1 = weak, 10 = excellent. Risk uses 1 = low risk, 10 = high risk. Price is scored automatically relative to the lowest non-zero quote.
Weighted scorePrice score = lowest valid price ÷ vendor price × 10. Risk is inverted so lower risk scores higher. The four weights are normalized automatically, so they do not need to total exactly 100.
Weighted ranking

Vendor scorecard

10.00 = strongest possible score
RankVendorPricePrice scoreQualityServiceRisk scoreWeighted score