Partner scoring refers to the systematic evaluation of a company's partners based on selected performance indicators to prioritize those that bring the most value.
Example: Consider a manufacturing company that relies on various suppliers for raw materials. To ensure operational efficiency and cost-effectiveness, the company uses partner scoring to assess each supplier's reliability, quality of materials, and delivery times. Suppliers that consistently score high are given priority in procurement decisions, while those with lower scores might be subject to further scrutiny or replaced over time.
Understanding partner scoring helps businesses streamline their partner networks, ensuring a focus on mutually beneficial relationships that enhance operational excellence and strategic objectives.
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