This toolkit contains an infographic, eBook, and scorecard template, covering strategies to create and maintain vendor performance metrics and how to use vendor scorecards to track and measure vendor performance. You'll also learn key steps to monitor a vendor's performance overtime and how to address issues.
Hi! Head's up that the analogies are flipped on page 5 of the PDF - the track and field example is objective whereas the figure skating example is qualitativeA well-used sports analogy helps illustrate the differences between objective and subjective measures. Sports, such as track and field, use subjective measures such as the time to run a specific distance or the height or length of a jump to measure performance. Other sports, like diving or figure skating, are judged using objective measures such as the athlete’s gracefulness and originality or complexity of the routine.
A well-used sports analogy helps illustrate the differences between objective and subjective measures. Sports, such as track and field, use subjective measures such as the time to run a specific distance or the height or length of a jump to measure performance. Other sports, like diving or figure skating, are judged using objective measures such as the athlete’s gracefulness and originality or complexity of the routine.