Vendor Performance Management is a functionality which enables you to measure how well a vendor or supplier meets the requirements of their contract. This includes factors such as on-time delivery, supply fulfillment, and pricing fulfillment.
Vendor Performance Management offers tools to track and review differences in vendor's delivery dates, shipped quantities, and prices. The metrics and Key Performance Indicators (KPIs) are stored and updated whenever a Purchase Order is released, received, or invoiced. Vendor Performance Lines are created corresponding to each Purchase Line in the Purchase Order.
To enable Vendor Performance Management
- Click the
icon, enter Replen. Setup, and select the relevant link. - Enable the Vendor Performance Active check box to activate Vendor Performance Management.
The following table describes what is included in the Vendor Performance Management with links.
| To | See |
|---|---|
| View the vendor related KPIs, such as delivery quantity, date, and price deviations. | How to: Review Vendor Performance |