Supplier Performance Matrix

The Supplier Performance Matrix is a 2x2 matrix used to evaluate the performance of suppliers. It is used to identify the suppliers that are the most important to the company and to prioritize resources and investments.

At a very high level, the Supplier Performance Matrix is used in the context of business, finance.

Supplier Performance Matrix quadrant descriptions, including examples
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What is the Supplier Performance Matrix?

A visual explanation is shown in the image above. The Supplier Performance Matrix can be described as a matrix with the following quadrants:

  1. High Performance/High Potential: Suppliers that are performing well and have the potential to do even better. These are the suppliers that should be given the most attention and resources. (e.g. a supplier that consistently meets deadlines and has a track record of innovation)
  2. High Performance/Low Potential: Suppliers that are performing well but have limited potential for improvement. These suppliers should be monitored, but not given too much attention. (e.g. a supplier that consistently meets deadlines but has not shown any signs of innovation)
  3. Low Performance/High Potential: Suppliers that have potential but are not performing well. These suppliers should be given resources and attention to help them improve. (e.g. a supplier that is often late with deadlines but has shown potential for innovation)
  4. Low Performance/Low Potential: Suppliers that are not performing well and have limited potential for improvement. These suppliers should be monitored, but not given too much attention. (e.g. a supplier that is often late with deadlines and has not shown any signs of innovation)

What is the purpose of the Supplier Performance Matrix?

The Supplier Performance Matrix is a 2x2 matrix used to evaluate the performance of suppliers. It is used to identify the suppliers that are the most important to the company and to prioritize resources and investments. The matrix is divided into four quadrants, each representing a different type of supplier. The four quadrants are:

  • High Performance/High Potential
  • High Performance/Low Potential
  • Low Performance/High Potential
  • Low Performance/Low Potential

The High Performance/High Potential quadrant represents suppliers that are performing well and have the potential to do even better. These are the suppliers that should be given the most attention and resources. The High Performance/Low Potential quadrant represents suppliers that are performing well but have limited potential for improvement. These suppliers should be monitored, but not given too much attention. The Low Performance/High Potential quadrant represents suppliers that have potential but are not performing well. These suppliers should be given resources and attention to help them improve. The Low Performance/Low Potential quadrant represents suppliers that are not performing well and have limited potential for improvement. These suppliers should be monitored, but not given too much attention.


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What templates are related to Supplier Performance Matrix?

The following templates can also be categorized as business, finance and are therefore related to Supplier Performance Matrix: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.

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