JaxWorks Small Business Spreadsheet Factory™

Since 1996, JaxWorks has offered a suite of Free Excel workbooks and spreadsheets, and associated MS
Word, PDF and HTML documents, that cover a number of financial, accounting and sales functions. These
are invaluable small business tools.

Also included Free are:

- Business plan tools, including spreadsheets and excellent instructions
- Excel functions glossary and guide;
- Free training courses for most Microsoft Office applications. These guides are in PDF format and rival
commercial books.
- Comprehensive list of acronyms, ratios and formulas in customer financial analysis, and financial terms;
- Suite of online calculators, including, breakeven analysis, productivity analysis, business evaluation;
- Altman Z-Score (covering publicly and privately held firms, and small businesses);
- and payroll analysis.

If you are involved in financial analysis at any level, or want to learn more about MS Excel and other
applications in the Office suite this site is invaluable.

© Copyright, 2014, Jaxworks, All Rights Reserved.

 Vendor Evaluation Analysis
For
Your Business, Inc.

How can the small business owner objectively evaluate the

various advantages and disadvantages of each vendor? One
method is this form that evaluates each supplier on key
purchasing variables.
Enter numbers in shaded cells only. This Sheet is unprotected . . . Be Careful!

Step 1 - Criteria.
Assign weights to each criteria to reflect its relative importance to your business.

Criteria Weight
Quality = 35
Price = 30
Prompt Delivery = 20
Service = 10
Support = 5
Total 100

Step 2 - Grading scale for each criteria

Quality Number of acceptable lots from vendor divided by
total number of lots from vendor.
Price Lowest quoted price of all vendors divided by vendor X.

Prompt Delivery Number of ontime deliveries from vendor divided

by total number of deliveries by vendor.

Service A subjective evaluation of the variety of services

offered by each vendor.

Support A subjective evaluation of the advice and

assistance provided by each vendor.

Step 3 - Compute a weighted score for each vendor

VENDOR 1
Weighted Score
Criteria Weight Grade (Weight X Grade)

Quality = 35 0.90 31.50

Acceptable Lots = 9
Total Lots = 10

Price = 30 1.00 30.00

Lowest Quote = 12.50
Vendor 1 Quote = 12.50

© Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

 Delivery = 20 1.00 20.00
Ontime = 10
Total = 10

Service = 10 0.80 8.00

Satisfied = 8
Total = 10

Support = 5 1.00 5.00

Requests = 5
Total = 5
94.50

VENDOR 2

Weighted Score
Criteria Weight Grade (Weight X Grade)

Quality = 35 0.80 28.00

Acceptable Lots = 8
Total Lots = 10

Price = 30 0.93 27.78

Lowest Quote = 12.50
Vendor 1 Quote = 13.50

© Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

 Delivery = 20 0.80 16.00
Ontime = 8
Total = 10

Service = 10 0.80 8.00

Satisfied = 8
Total = 10

Support = 5 0.80 4.00

Requests = 4
Total = 5
83.78

VENDOR 3

Weighted Score
Criteria Weight Grade (Weight X Grade)

Quality = 35 0.70 24.50

Acceptable Lots = 7
Total Lots = 10

Price = 30 1.00 30.00

Lowest Quote = 12.50
Vendor 1 Quote = 12.50

Delivery = 20 0.60 12.00

Ontime = 6
Total = 10

Service = 10 0.70 7.00

Satisfied = 7
Total = 10

Support = 5 0.20 1.00

Requests = 1
Total = 5
74.50

Based on this analysis you should purchase from the highest vendor rating. Which is =

94.50

© Copyright, 2014, Jaxworks, All Rights Reserved.

© Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

in shaded cells only. This Sheet is unprotected . . . Be Careful!

© Copyright, 2003, JaxWorks, Inc., All Rights Reserved.

© Copyright, 2003, JaxWorks, Inc., All Rights Reserved.
© Copyright, 2003, JaxWorks, Inc., All Rights Reserved.