Meaning & use

vendor rating

noun·Advancedbusiness

Last updated

UK/ˈvendə ˌreɪtɪŋ/
US/ˈvendər ˌreɪtɪŋ/

Meanings

  1. nouncountablebusiness

    a score or judgment of how good a company or seller is, based on quality, price, delivery, and service.

    Grammar: Countable: you can say 'a vendor rating' or 'vendor ratings'.

    Patterns

    • a high/low vendor rating
    • give someone a vendor rating
    • vendor rating system

    The purchasing team gives each supplier a vendor rating every quarter.

    A poor vendor rating can cost a company future contracts.

    They improved their delivery times and their vendor rating went up.

  2. noununcountablebusiness

    the process or system a company uses to judge its suppliers.

    Grammar: Uncountable when referring to the activity or system in general.

    Patterns

    • use vendor rating
    • vendor rating process
    • introduce vendor rating

    Vendor rating helps the firm choose reliable partners.

    The manager explained how vendor rating works in their department.

Word forms

pluralvendor ratings

Common combinations

high vendor rating
The company has a high vendor rating because it always delivers on time.
vendor rating system
They introduced a new vendor rating system last year.
give a vendor rating
Buyers give each vendor a rating after every order.
improve vendor rating
The supplier worked hard to improve its vendor rating.

Synonyms and how they differ

supplier score
This is a more general term; 'vendor rating' is common in business purchasing contexts.
seller rating
Used more for online marketplaces, while 'vendor rating' is used for business suppliers.

Commonly confused: vendor rating or vendor ranking?

vendor rating vs vendor ranking

'Vendor ranking' compares suppliers in order from best to worst, while 'vendor rating' gives each one a score or grade.

Practice

A company wants to judge its suppliers on quality and delivery. What is it doing?

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