Step 1: Data Structuring
Create a dedicated sheet or table with the following columns for each product or SKU:
- Product ID / SKU
- Supplier Name
- Unit Product Cost (FOB)
- QC Rating
- Per-Unit Shipping Cost
- Total Landed Cost Per Unit
- Value Score
A strategic guide to tracking quality scores and freight expenses for precise value-for-money measurement.
For importers and e-commerce sellers, managing suppliers often involves juggling two critical yet separate data points: Product Quality Control (QC) ratingsper-unit shipping/freight costs. Viewed independently, a cheap product with high freight or a low-cost shipment for poor-quality goods can both lead to poor business outcomes. The true measure of a supplier's value lies at the intersection of these metrics.
The MyCNBox Spreadsheet
The goal is to create a single, comparable metric that reflects both cost and quality. Here’s a step-by-step approach you can implement in your spreadsheet.
Create a dedicated sheet or table with the following columns for each product or SKU:
Convert all factors to a numerical scale for comparison.
Cost Per Quality Point = Total Landed Cost Per Unit / Normalized QC Rating
Value Score = (Normalized QC Rating / Total Landed Cost Per Unit) * 100
The Value Score
Use your spreadsheet's charting tools to create:
Integrate this analysis directly into your sourcing process:
By systematically combining QC ratings and shipping costs into a precise Value Score within your MyCNBox Spreadsheet, you move beyond guesswork. This disciplined approach enables you to:
Start integrating this framework today, and transform your spreadsheet from a record-keeping tool into a powerful engine for sourcing intelligence and sustained business growth.