Step 1: Data Structuring
Create a sheet with raw vendor data. Example columns:
| Vendor ID | Vendor Name | Total Units | QC Failed Units | Total Orders | Refunded Orders | Orders Shipped On Time |
|---|---|---|---|---|---|---|
| V-101 | Alpha Supplies | 500 | 15 | 200 | 10 | 185 |
A Guide to Creating Weighted Formulas for Vendor Ranking
Managing a multitude of vendors efficiently is crucial for e-commerce platforms like KAKOBUY. Manually tracking each seller's performance is time-consuming and prone to error. By leveraging a powerful KAKOBUY Performance Spreadsheet
Your scoring system should be built on quantifiable, objective data. For KAKOBUY, we recommend focusing on these three critical areas:
Create a sheet with raw vendor data. Example columns:
| Vendor ID | Vendor Name | Total Units | QC Failed Units | Total Orders | Refunded Orders | Orders Shipped On Time |
|---|---|---|---|---|---|---|
| V-101 | Alpha Supplies | 500 | 15 | 200 | 10 | 185 |
Add calculation columns (formulas automate this):
Each score is now a value between 0 and 1.
This is the core of automation. Assign weights (totaling 100%) based on importance to KAKOBUY. For instance:
The Overall Performance Score
Overall Score = (QC Score * 0.5) + (Shipping Score * 0.3) + (Refund Score * 0.2)
Example for Alpha Supplies: (0.97*0.5) + (0.925*0.3) + (0.95*0.2) = 0.485 + 0.2775 + 0.19 = 0.9525
Use spreadsheet functions to auto-rank vendors:
Eliminate bias in vendor selection, negotiation, and order allocation using data-driven scores.
Instantly identify underperforming vendors for corrective action or replacement.
The sheet updates scores in real-time as new data is entered, saving countless manual hours.
Share specific scores (e.g., "Your Shipping Score is 72%") with vendors to drive performance improvements.