Effective supplier management is critical for ensuring operational continuity, reducing financial exposure, and maintaining compliance. The Supplier Risk Dashboard in Google Sheets provides a ready-to-use solution to track supplier performance, risk levels, and compliance metrics. This dashboard helps procurement teams, supply chain managers, and risk analysts make informed decisions and take proactive measures.
In this article, we will explain the features, advantages, and best practices for using this dashboard.
What Is a Supplier Risk Dashboard?
A Supplier Risk Dashboard is an interactive tool that consolidates supplier data to monitor risk factors, delivery performance, compliance, and spend. By providing a visual overview, it enables organizations to:
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Identify high-risk suppliers and mitigate potential disruptions
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Track compliance with certifications and contracts
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Analyze supplier performance by industry, region, or delivery issue
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Optimize supplier selection and spending decisions
Using Google Sheets ensures that the dashboard is collaborative, easy to update, and accessible across teams.
Key Features of the Supplier Risk Dashboard
Click to Buy Supplier Risk Dashboard In Google Sheets
This dashboard is designed with three main sheets, each serving a unique purpose:
1. Dashboard Sheet
The Dashboard Sheet provides a high-level overview with cards and charts.
Cards:
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# of Suppliers: Total suppliers monitored
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Avg. Risk Score: Average risk score across all suppliers
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Total Annual Spend ($): Aggregate annual spend on suppliers
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Total Deliveries: Total deliveries recorded
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On-Time Deliveries: Number of deliveries completed on schedule
Charts:
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Suppliers by Compliance Status: Visualizes compliant vs. non-compliant suppliers
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Total Number of Suppliers by Risk Level: Shows distribution of low, medium, high, and critical risk suppliers
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High & Critical Risk Suppliers by Industry: Identifies industries with the riskiest suppliers
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Average Supplier Risk Score by Region: Tracks regional risk exposure
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Non-Compliant Suppliers by Risk Level: Highlights compliance gaps
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Total Number of Suppliers by Delivery Issue: Shows delivery-related problems by supplier
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Total Deliveries vs Incomplete Deliveries by Delivery Issue: Tracks delivery reliability
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Total Annual Spend ($) by Supplier Name: Displays high-spend suppliers
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Total Annual Spend ($) by Certifications: Visualizes spend by certified suppliers
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Total Annual Spend ($) by Month: Shows monthly supplier expenditure trends
Click to Buy Supplier Risk Dashboard In Google Sheets
2. Search Sheet
The Search Sheet allows users to quickly filter and find supplier data.
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Search by Keyword and Field Name: Locate suppliers by Region, Industry, Supplier Name, or Risk Level
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Total Record Count: Displays the number of suppliers matching search criteria
This feature is crucial for procurement and risk teams to quickly identify high-risk suppliers or performance outliers.
3. Data Sheet
The Data Sheet is the input tab where all supplier information is recorded:
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Supplier ID and Name
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Industry and Region
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Risk Level and Compliance Status
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Delivery Issue and Certifications
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Last Evaluation Date
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Score (0–100)
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Annual Spend ($) and Total Deliveries
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Month and Supplier Count
Updating this sheet automatically reflects changes in the Dashboard and Search sheets, ensuring real-time tracking and analysis.
Click to Buy Supplier Risk Dashboard In Google Sheets
Advantages of Using the Supplier Risk Dashboard
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Centralized Supplier Data: Monitor all suppliers in a single dashboard
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Risk Identification: Quickly identify high-risk suppliers for proactive mitigation
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Compliance Tracking: Track certifications, contract compliance, and non-compliance issues
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Delivery Performance Analysis: Monitor on-time deliveries and recurring delivery issues
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Spend Visibility: Analyze annual spend by supplier, certification, or month
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Collaborative Platform: Google Sheets allows multiple team members to access and update data
Best Practices for Using the Supplier Risk Dashboard
Click to Buy Supplier Risk Dashboard In Google Sheets
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Update Supplier Data Regularly: Ensure that risk scores, delivery issues, and spend data are current
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Segment Suppliers: Analyze suppliers by region, industry, or risk level to focus on high-risk areas
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Track Compliance: Keep certification and compliance status updated to prevent disruptions
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Monitor Delivery Trends: Identify patterns in delayed or incomplete deliveries
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Review Spend Allocation: Optimize procurement decisions based on supplier performance and spend
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Use Filters and Search: Leverage the Search sheet to quickly locate suppliers based on specific criteria
How This Dashboard Helps Organizations
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Mitigate Supplier Risk: Identify and address high-risk suppliers before they impact operations
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Ensure Compliance: Track certifications, contracts, and audit requirements
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Improve Delivery Reliability: Monitor on-time delivery performance and resolve recurring issues
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Optimize Procurement Spend: Make data-driven decisions based on spend trends and supplier performance
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Enhance Strategic Sourcing: Focus on reliable, high-performing suppliers for key operations
Frequently Asked Questions (FAQs)
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Q1: Can I add more suppliers or industries to the dashboard?
Yes, the Google Sheets format allows easy addition of new suppliers, regions, or industries.
Q2: How is the risk score calculated?
The dashboard supports custom formulas to calculate supplier risk based on criteria such as compliance, delivery performance, and financial stability.
Q3: Can I filter suppliers by region or delivery issue?
Yes, the Search sheet provides keyword and field-based filtering to locate suppliers by any parameter.
Q4: Is this dashboard suitable for large organizations?
Absolutely. It can handle hundreds of suppliers and large volumes of data efficiently in Google Sheets.
Q5: How often should the dashboard data be updated?
Monthly updates are recommended for risk scores, delivery records, and annual spend to maintain accurate insights.
Conclusion
The Supplier Risk Dashboard in Google Sheets is a comprehensive, ready-to-use tool for procurement, supply chain, and risk management teams. By tracking supplier performance, risk levels, compliance, delivery issues, and spend, organizations can make informed decisions, mitigate risks, and improve supplier reliability.
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