Vendor Rating is an analysis of the Suppliers' Performances in order to estimate the suppliers real technical/quality competencies related to delivered Products, Solutions and Services .
Sellers can request for Buyers Rating on the Products , Solutions and Services they provided.
Buyers can adopt a final assessment of supplier activities to provide further guarantees of the quality of Products, Solutions and Services purchased and to monitor the technical and quality progress made. This vendor Rating system by Buyers and Customers help Sellers/Suppliers to improve their Service. Buyers Cloud as a value Added service capture all these information and show as a Rating against each Seller and Supplier in the System.
This will help Buyers to select a right Seller for their Services. The below Key Points are considered for a rating system . All Sellers ca request their Buyer to rate their Services which will help them to boost their product sales in the future by better Vendor Ratings The Vendor Rating Logic works as given below
