This information is captured to create a comprehensive and complete profile of each supplier, indicative of performance, reputation, and quality.
Past performance is a critical factor for buyers in the supplier selection process.
However, this information is often not readily available to buyers. Ratings generated through Supplier Performance Reviews become part of the Open Ratings database of supplier performance ratings. These ratings are then accessible to companies that subscribe to Open Ratings' supplier performance ratings services. Suppliers A buyer can order Supplier Performance Reviews on potential suppliers to make more informed, confident vendor decisions. Calculated ratings for key performance aspects, including delivery, quality, and support.