Vendor Evaluation in NB Procure: A Smarter Way to Measure Vendor Performance in Dynamics 365 Business Central

Vendor Evaluation in NB Procure A Smarter Way to Measure Vendor Performance in Dynamics 365 Business Central

Vendor performance is a critical factor in ensuring operational efficiency, cost control, and supply chain stability. NB Procure, our intelligent procurement automation solution built on Microsoft Dynamics 365 Business Central, streamlines the vendor evaluation process, making it structured, transparent, and actionable. 

With built-in capabilities to define evaluation criteria, assign weightages, calculate vendor ratings, track supplier performance, and make data-backed procurement decisions, NB Procure empowers businesses to get more value from their vendor relationships.

Configure Vendor Evaluation Parameters in NB Procure

NB Procure allows you to set up flexible evaluation parameters tailored to your procurement strategy. 

You can configure:
• Evaluation Criteria: Common ones include Quality, Quantity, and Delivery Time
• Weightage (%) for each criterion—for example, Quality (50%), Quantity (30%), Delivery Time (20%)
• Rating Scale (e.g., 1 to 5) and associated points for each level

This flexibility ensures that your scoring system reflects what’s most important to your business.

Capture Ratings for Quality, Quantity, and Delivery Performance

Procurement or QA teams can assign ratings to vendors based on inspection results and delivery performance. NB Procure automatically calculates the corresponding points using the defined weightages—eliminating subjectivity and simplifying recordkeeping.

Auto-Rating Based on Delivery Time

For Delivery Time, NB Procure handles evaluation automatically. It compares the Promised Delivery Date and the Actual Delivery Date from the purchase process, assigning ratings based on the variance.

This automation ensures unbiased delivery scoring—without any manual input.

Calculate the Overall Vendor Performance Score

NB Procure compiles the scores from all criteria into a consolidated vendor performance score. This score is always visible in the vendor profile and comes in handy during:
• Purchase requisitions
• Quote comparisons
You can make quick, informed decisions—backed by real, measurable performance data.

Vendor Evaluation in NB Procure

Why NB Procure’s Vendor Evaluation Stands Out?

With NB Procure, vendor and supplier evaluation in Dynamics 365 Business Central becomes:
• Transparent – criteria, ratings, and scores are clearly defined
• Data-Driven – no guesswork in supplier selection
• Automated – delivery ratings handled by the system
• Integrated – part of the core procurement workflow in Business Central
• Actionable – use scores to drive sourcing strategies

Conclusion: Make Vendor Evaluation a Strategic Advantage

In today’s competitive market, vendor performance directly impacts your bottom line. With NB Procure for Dynamics 365 Business Central, you can transform vendor evaluation from a manual, time-consuming task into a fully automated supplier rating system. From setting evaluation criteria to maintaining a vendor scorecard, NB Procure gives you the insights needed to reduce risks, control costs, and strengthen supplier relationships.

Ready to simplify vendor and supplier evaluation in Dynamics 365 Business Central?

Buy Business Central can help you get started with NB Procure so you can track performance, automate ratings, and make smarter procurement decisions — all inside Business Central.

Contact us today and see how NB Procure can elevate your procurement strategy.

Credit: Abinaya R, Business Central ERP Functional Consultant