Supplier Comparison Template on Excel
Download in. xls format
“The bid comparison table allows you to compare and select the most suitable offer for your business.”
By downloading this comparison template, you will be able to:
- Define all the criteria to choose the best supplier
- Objectively compare the bids received
- Choose the best deal
Do not wait any longer and receive your comparison template directly by email !
Automatically compare your supplier offers with Weproc
Invite your suppliers, receive and compare their offers automatically on Weproc. The software tells you what is the most interesting offer for your business.
Contract Management
Access an overview of the life cycle of your supplier contracts and never miss any important information.
Data Analysis
Explore your suppliers' statistical reports with a variety of indicators. Take control of your supply chain and limit risk.
Custom Supplier Sheets
Get full access to your partners' information : legal data, supporting documents, contact details, purchase history and evaluations...
Integrated Supplier Portal
Take advantage of a simplified process and speed up your supply chain with our solution. No need to waste time writing your requests!
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The analysis process of supplier offers
After issuing your tender, you must make a pre-selection of the best bids received. This step is all the more important because, if you make a bad choice, your entire business can be impacted.
To analyze the supplier offers received and protect you from these risks, it is recommended to use an analysis method based on relevant selection criteria. These criteria include:
- The quality of the product or service.
- The total cost of acquisition.
- The time of delivery.
- Other factors specific to your business.
To facilitate your selection process, you can download a supplier comparison template like Weproc’s!
How to use our supplier comparison tool ?
Using this supplier comparison model is quite simple.
Start by defining the selection criteria that are important for your company such as price, quality, reliability, supplier reputation, after-sales service…
Once you have defined your criteria, you can start comparing supplier offers. For each offer, evaluate each criterion and note the results in the model. This will allow you to compare offers objectively and make an informed decision.
Our template is fully customizable, meaning you can tailor it to your specific needs. You can add, remove or change the selection criteria, and you can also adjust the weight of each criterion based on its importance to your business and perform a weighting.
Comparative table of supplier offers
Our model includes a comparative table of supplier offers, allowing you to list the selection criteria you have defined and visually compare the offers received from your suppliers according to these criteria. The result is a ranking of the best potential suppliers for your purchase as well as a significant time saving.
Once the offer comparison is complete, you can create a short list of the top rated suppliers. This short list is a decision support tool that lists the suppliers closest to your need. It allows you to prepare the ground for your future negotiations and control your costs.
Weproc is a SaaS software specialized in digitizing the procurement process of companies. From purchase requests to supplier invoicing, through the validation process, Weproc is designed to simplify the purchase management of SMEs and mid-sized companies by centralizing all purchase-related activities.