VENDOR RATING

H L E Engineers Pvt Ltd / H L Equipments (hence forth termed as HLE) shall use vendor
rating for assessing the performance of vendor in a fair, consistent and accurate manner.

The ratings shall be used to: 1) Yearly assess and monitor vendor performance who meets HLE expectations with
ongoing and future supply relationships.
2) To provide feedback to suppliers to highlight their strengths and weakness and as
an effective continuous improvement tool.
The ratings shall be conveyed to major vendor every year.
The total vendor rating will consist of following sub ratings
1) Quality Acceptance 50 % of total rating
2) On Time Delivery 50 % of total rating
Total Vendor Rating

Total
Vendor
Rating

Quality
Acceptance
+
On Time
Delivery

Score
Above 90
75 to 89

Rating
A
B

60 to 74

Below 60

Explanation
Excellent
Good
Acceptable , Improvement
Recommend
Not Acceptable , Reject