Supply Chain Game Changer – Procurement

Who Is Your Best Supplier?

The article argues that many procurement teams lack the data needed to identify their best suppliers, despite the strategic importance of supplier performance. It proposes a three‑step framework—clear KPIs, right data sources, and business‑intelligence tooling—to modernize supplier evaluation. By centralizing criteria and automating data collection from internal, external, and third‑party sources, organizations can generate actionable insights for both top‑ and low‑performing vendors. Ultimately, a robust evaluation process turns supplier data into a competitive advantage for the CPO and the broader business.