Supplier Risk Scorecard
The best practice for maintaining accurate risk scorecards is to automatically populate them with near real-time data. But until you’re ready for that step, this tool will get you started. Use this simple template to input information about a supplier and calculate their overall risk score. The scorecard offers 14 risk indicators divided into five categories (financial stability, logistics, cost, compliance and quality) and will use your inputted data to calculate a simple, numerical risk score that tells you how risky your supplier is.
- Rate suppliers based on indicators within different categories of risk
- Assign weights to different categories of risk
- Calculate the overall risk score of each of your suppliers