BIZOMAT Tools · Quoting

Supplier Comparison

Which supplier offers the stronger overall value?

Compares two suppliers with adjustable weights for price, lead time, quality and delivery reliability, and excludes any supplier rated below the minimum on quality or reliability.

Open the calculatorRuns in your browser. No account needed.

How this tool works

Inputs, units and where to find them

InputUnitTypical source
Supplier A price$Supplier A quoted price for the same scope
Supplier A lead timedaysSupplier A quoted lead time
Supplier A quality1–5 scoreSupplier A quality rating from audits or past performance (1 poor, 5 excellent)
Supplier A reliability1–5 scoreSupplier A on-time delivery record (1 poor, 5 excellent)
Supplier B price$Supplier B quoted price for the same scope
Supplier B lead timedaysSupplier B quoted lead time
Supplier B quality1–5 scoreSupplier B quality rating (1 poor, 5 excellent)
Supplier B reliability1–5 scoreSupplier B delivery reliability rating (1 poor, 5 excellent)
Weight: price%Weight agreed for price before scoring
Weight: lead time%Weight agreed for lead time
Weight: quality%Weight agreed for quality
Weight: delivery reliability%Weight agreed for delivery reliability

What each input means

Open an input to see what it is, its units, the worked example and the common mistakes, with a small diagram.

What this means: Supplier A price
Illustration: Supplier A priceA stack of coins and a note representing the money amount Supplier A price.$Example: $10000Supplier A price
What it is
Supplier A’s total quoted price for the agreed scope, on the same basis as Supplier B’s quote.
Units and format
Enter a number in $: an amount of money; use one currency for every money input. The form accepts $1 or more.
Example
The form opens with $10000 as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
The cheaper supplier scores 100 on price; the other scores in proportion to the price ratio.
Get it right
Compare like with like: same quantity, delivery terms, freight and inclusions.
What this means: Supplier A lead time
Illustration: Supplier A lead timeA timeline from a start mark to an end mark; Supplier A lead time is the time between them.startendtExample: 21 daysSupplier A lead time
What it is
How long Supplier A says it will take from order to delivery, from its quotation.
Units and format
Enter a number in days: days. The form accepts 1 days or more.
Example
The form opens with 21 days as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
The shorter lead time scores 100; the longer one scores in proportion.
Get it right
Use the same day basis for both suppliers, calendar or working days.
What this means: Supplier A quality
Illustration: Supplier A qualityA scale from the lowest to the highest score with a marker at the chosen score for Supplier A quality. The marker follows the slider.15lowhighExample: 4Supplier A quality
What it is
How well Supplier A meets specification, rated 1 (poor) to 5 (excellent), from audits, inspection results or past performance.
Units and format
Move the slider to a score from 1 (low) to 5 (high).
Example
The form opens with 4 as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
Scored as rating ÷ 5 × 100 within the quality weight.
Get it right
A rating of 2 or less rejects the supplier whatever the weighted score.
What this means: Supplier A reliability
Illustration: Supplier A reliabilityA scale from the lowest to the highest score with a marker at the chosen score for Supplier A reliability. The marker follows the slider.15lowhighExample: 4Supplier A reliability
What it is
How consistently Supplier A delivers on time and in full, rated 1 (poor) to 5 (excellent), from its delivery record.
Units and format
Move the slider to a score from 1 (low) to 5 (high).
Example
The form opens with 4 as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
Scored as rating ÷ 5 × 100 within the reliability weight.
Get it right
A rating of 2 or less rejects the supplier whatever the weighted score.
What this means: Supplier B price
Illustration: Supplier B priceA stack of coins and a note representing the money amount Supplier B price.$Example: $9200Supplier B price
What it is
Supplier B’s total quoted price for the agreed scope, on the same basis as Supplier A’s quote.
Units and format
Enter a number in $: an amount of money; use one currency for every money input. The form accepts $1 or more.
Example
The form opens with $9200 as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
The cheaper supplier scores 100 on price; the other scores in proportion to the price ratio.
Get it right
Compare like with like: same quantity, delivery terms, freight and inclusions.
What this means: Supplier B lead time
Illustration: Supplier B lead timeA timeline from a start mark to an end mark; Supplier B lead time is the time between them.startendtExample: 35 daysSupplier B lead time
What it is
How long Supplier B says it will take from order to delivery, from its quotation.
Units and format
Enter a number in days: days. The form accepts 1 days or more.
Example
The form opens with 35 days as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
The shorter lead time scores 100; the longer one scores in proportion.
Get it right
Use the same day basis for both suppliers, calendar or working days.
What this means: Supplier B quality
Illustration: Supplier B qualityA scale from the lowest to the highest score with a marker at the chosen score for Supplier B quality. The marker follows the slider.15lowhighExample: 3Supplier B quality
What it is
How well Supplier B meets specification, rated 1 (poor) to 5 (excellent), from audits, inspection results or past performance.
Units and format
Move the slider to a score from 1 (low) to 5 (high).
Example
The form opens with 3 as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
Scored as rating ÷ 5 × 100 within the quality weight.
Get it right
A rating of 2 or less rejects the supplier whatever the weighted score.
What this means: Supplier B reliability
Illustration: Supplier B reliabilityA scale from the lowest to the highest score with a marker at the chosen score for Supplier B reliability. The marker follows the slider.15lowhighExample: 3Supplier B reliability
What it is
How consistently Supplier B delivers on time and in full, rated 1 (poor) to 5 (excellent), from its delivery record.
Units and format
Move the slider to a score from 1 (low) to 5 (high).
Example
The form opens with 3 as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
Scored as rating ÷ 5 × 100 within the reliability weight.
Get it right
A rating of 2 or less rejects the supplier whatever the weighted score.
What this means: Weight: price
Illustration: Weight: priceA bar of 100 parts with the share marked; Weight: price is that share out of 100. The bar follows the value you type.0 %100 %Example: 40%Weight: price
What it is
How much price counts in the overall comparison relative to the other three criteria, agreed before the quotes are scored.
Units and format
Enter a number in %: percent: the number is read as a percentage, so type 8 for 8 %. The form accepts 0% to 100%.
Example
The form opens with 40% as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
A higher weight favours the cheaper supplier.
Get it right
The four weights are scaled to their total, so they need not add to 100; agree them before seeing the scores.
What this means: Weight: lead time
Illustration: Weight: lead timeA bar of 100 parts with the share marked; Weight: lead time is that share out of 100. The bar follows the value you type.0 %100 %Example: 15%Weight: lead time
What it is
How much lead time counts in the overall comparison relative to the other criteria, agreed before scoring.
Units and format
Enter a number in %: percent: the number is read as a percentage, so type 8 for 8 %. The form accepts 0% to 100%.
Example
The form opens with 15% as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
A higher weight favours the supplier with the shorter lead time.
Get it right
The four weights are scaled to their total, so they need not add to 100.
What this means: Weight: quality
Illustration: Weight: qualityA bar of 100 parts with the share marked; Weight: quality is that share out of 100. The bar follows the value you type.0 %100 %Example: 20%Weight: quality
What it is
How much the quality rating counts in the overall comparison relative to the other criteria, agreed before scoring.
Units and format
Enter a number in %: percent: the number is read as a percentage, so type 8 for 8 %. The form accepts 0% to 100%.
Example
The form opens with 20% as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
A higher weight favours the supplier with the better quality rating.
Get it right
The weight cannot rescue a supplier rated 2 or less on quality; that is a rejection.
What this means: Weight: delivery reliability
Illustration: Weight: delivery reliabilityA bar of 100 parts with the share marked; Weight: delivery reliability is that share out of 100. The bar follows the value you type.0 %100 %Example: 25%Weight: delivery reliability
What it is
How much on-time delivery counts in the overall comparison relative to the other criteria, agreed before scoring.
Units and format
Enter a number in %: percent: the number is read as a percentage, so type 8 for 8 %. The form accepts 0% to 100%.
Example
The form opens with 25% as a worked example. It is an illustration, not a recommended value: replace it with your own figure.
Effect on the result
A higher weight favours the supplier with the better delivery record.
Get it right
The weight cannot rescue a supplier rated 2 or less on reliability; that is a rejection.

Method and formulas

  1. Price score = lowest price ÷ supplier price × 100
  2. Lead score = shortest lead ÷ supplier lead × 100
  3. Quality and reliability scores = rating ÷ 5 × 100
  4. Total = weighted average of the four scores (weights normalised to 100%)
  5. A quality or reliability rating of 1–2 excludes the supplier regardless of score

Limitations

  • Two suppliers only
  • Ratings must be evidence-based
  • Uses quoted price, not total landed cost

Typical uses

  • Supplier selection
  • Tender evaluation for small purchases
  • Documenting a sourcing decision

Who it is for

  • Purchasing and procurement staff
  • Engineering and quality teams

What you get

  • Preferred supplier, TOO CLOSE TO CALL or BOTH REJECTED
  • Weighted scoring table

Interpreting the result

  • Agree the weights before seeing the prices
  • Scores within 3 points are too close to call

References

  • Weele A. J. van, Purchasing and Supply Chain Management (Cengage), supplier selection

Learn the Concepts Behind This Tool

These BIZOMAT Library readings explain the method this tool uses, with worked examples.

BIZOMAT tools are screening and decision-support utilities. Verify important financial, engineering, safety, legal or operational decisions using appropriate professional standards and your organisation’s approved data.

Open the Supplier Comparison calculator