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Stakescore: A Supplier Performance Analysis

RED YARD RESEARCH SRL

Stakescore: A Supplier Performance Analysis

RED YARD RESEARCH SRL

Optimize your choices through a data-driven model of evaluating your stakeholders

In the current highly competitive market environment, organizations encounter a critical decision-making juncture: the selection of suppliers that most closely align with their operational requirements. Nonetheless, navigating this decision-making process can present challenges and risks in the absence of an objective and dependable methodology.

With stakescore, you can harness the power of various Microsoft applications with the aim of increasing the efficiency and effectiveness of your choices!

Problems that can be solved through a supplier scoring service:

  • Inefficient selection of suppliers;
  • Lack of objective information on the quality of services provided;
  • Risk of relying on unreliable or poor quality suppliers;
  • Lack of structured feedback to suppliers for continuous improvement;
  • And difficulties in optimizing costs and procurement processes.

Key resources Stakescore:

  • Using AI for KPI generation;
  • Instant creation and submission of evaluation forms at the end of each procurement session;
  • Generating a total evaluation dashbord to visualize performance trends.

INTEGRATION WITH CHATGPT: Through the integration of ChatGPT, it will be possible to generate appraisal models specifically tailored to each client, with the aim of correctly and in detail evaluating the performance of suppliers.

SURVEY WITH INTEGRATION TO DYNAMICS 365: After a specified time, which the client can choose independently, the system will forward to each managerial member involved in the project, an email with a request for supplier evaluation. In doing so, over the course of weeks the system will begin to accumulate a range of data that can be analyzed and filtered according to the needs of future projects with the aim of identifying the best supplier in terms of quality/price. The assessment service will be fully integrated with dynamics 365 allowing the company to have a database with cloud features.

USE POWER BI TO DISPLAY YOUR DATA: Thanks to Power BI, the company will have the ability on the basis of customized KPIs to make an even more data-driven choice, so that no aspect is overlooked in choosing the perfect vendor. 

Try Stakescore together with our team!

Contact us to conduct a demo together with one of our specialists to discuss all the added values that stakescore could bring to your business

https://www.wetransact.io/

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