Conducting a yearly review of your purchase data on HubBuyCNpurchase history, Quality Control (QC) results, and refund activities, you transform raw data into actionable intelligence. This process not only measures the overall reliability of your sourcing channel but also precisely identifies your most trusted sellers, empowering you to make smarter purchasing decisions in the coming year.
Begin by gathering all yearly order records. In your master HubBuyCN Spreadsheet, ensure the following data columns are complete:
Create a summary dashboard
Metric
Calculation
What It Measures
Total Orders & Spend
COUNT of Order IDs; SUM of Totals
Overall purchasing volume and financial commitment.
Overall QC Pass Rate
(QC Pass Orders / Total Orders) * 100
The general quality reliability of your sourcing.
Seller-Specific QC Rate
Calculate rate for each frequent seller.
Identifies which sellers consistently deliver quality.
Refund/Dispute Rate
(Orders with Refunds / Total Orders) * 100
The level of transactional issues encountered.
Cost of Issues
SUM of all refunded amounts.
Financial impact of problematic orders.
Pivot your analysis from overall data to seller performance. Sort or filter sellers by:
Conversely, flag sellers with low QC rates, high refund frequencies, or consistent negative comments
Use simple charts to make trends instantly understandable:
An annual review of your HubBuyCNstrategic supplier management tool. By quantifying reliability and pinpointing trusted sellers, you directly reduce risk, save money, and build a vetted, high-performance supply network. Commit to this yearly ritual to continuously refine your sourcing strategy and enhance the return on every purchase.
Pro Tip:"Trusted Sellers"
