A Supplier Score Card is a tool used to track the performance of suppliers against predetermined criteria. It enables organizations to effectively monitor the quality, delivery and cost of goods supplied by those suppliers. The score card is designed to ensure that suppliers are meeting their contractual obligations, as well as to provide feedback for improvement. By analyzing key performance indicators such as costs, speed, innovation, customer service and accuracy, organizations can identify areas where their supply chain strategy needs to be adjusted in order to achieve maximum efficiency.