Vendor Performance Review

Vendor Performance Review Template

Published on: January 31, 2025

Summary

This template helps procurement teams systematically evaluate vendor performance post-implementation to ensure service quality, compliance, and alignment with organizational objectives.

General Information

  • Vendor Name: ___________________________

  • Product/Service: ________________________

  • Evaluator Name: ________________________

  • Review Period: _________________________

  • Date of Review: ________________________


Evaluation Criteria

1. Service Delivery

CriterionScore (1-10)Notes

Timeliness of service delivery

NaN

Adherence to agreed SLAs

NaN

Accuracy of deliverables

NaN

Consistency in meeting deadlines

NaN

Proactive issue resolution

NaN

2. Product/Service Performance

CriterionScore (1-10)Notes

System uptime and reliability

NaN

Features functioning as advertised

NaN

Scalability to meet evolving needs

NaN

User satisfaction

NaN

Performance during peak usage

NaN

3. Support and Communication

CriterionScore (1-10)Notes

Responsiveness to inquiries

NaN

Availability of support channels

NaN

Quality of technical support

NaN

Transparency in communications

NaN

Regular updates on system changes

NaN

4. Compliance and Security

CriterionScore (1-10)Notes

Adherence to compliance requirements

NaN

Data security measures in place

NaN

Timeliness of security updates

NaN

Handling of compliance audits

NaN

Transparency in data handling

NaN

5. Value for Money

CriterionScore (1-10)Notes

Overall cost-effectiveness

NaN

Alignment with ROI expectations

NaN

Flexibility in pricing or licensing

NaN

Savings achieved through vendor

NaN

Overall satisfaction with value

NaN


Performance Summary

CategoryAverage Score (1-10)Key StrengthsAreas for Improvement

Service Delivery

NaN

Product/Service Performance

NaN

Support and Communication

NaN

Compliance and Security

NaN

Value for Money

NaN


Overall Assessment

  • Overall Score (Average): ________________

  • Recommendation:


Action Plan

  • Key Issues to Address:



  • Next Steps:



  • Follow-Up Date: _________________________


Notes for Use

  • Customize criteria to reflect specific organizational or contractual priorities.

  • Collaborate with relevant teams to gather feedback for a holistic assessment.

  • Use this review to inform contract renewals, renegotiations, or vendor transitions.

This template ensures a structured and consistent approach to evaluating vendor performance, driving accountability and fostering long-term partnerships.

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