A system for evaluating the reliability of this data.
  • This could involve comparing the data from each supplier to other sources, such as industry standards or other suppliers' data, and assigning a rating or score based on how closely it matches.
  • This rating could be shown in a variety of ways, such as a simple score or rating out of 100, a percentage of data points that were found to be accurate, or a comparison to other suppliers' data accuracy.
  • For example, you might see a message like "Supplier A's data accuracy is 94%, which is higher than the average for your industry" or "Supplier B has 100% accurate data for the past 12 months." This information can help you understand the quality of the data provided by your suppliers and take action to improve it if necessary.
Created by Stijn Gysemans
December 12, 2022