The scoreboard, honestly: the hard targets, how often each one is actually looked at,
and the quiet human signals that never make it onto a dashboard.
SLA Adherence for Assigned Vendors
How consistently your assigned outsourcing partners meet their agreed Service Level Agreement targets.
Target · >90% across all critical SLAsIf your vendor handles 100 customer enquiries daily, and the SLA is '95% resolved within 24 hours', you'd track their daily resolution rate. If they hit 92% for the month, that's below target, and you'd be looking into why.
Resolution Rate of Level 1 Vendor Issues
The percentage of basic, day-to-day vendor issues (e.g., minor system glitches, data discrepancies) that you help resolve within 24 hours.
Target · 85% of issues resolved within 24 hoursYou spot a small data feed error from a vendor on Monday morning. If you get it fixed by Tuesday morning, that counts. If it drags on, it doesn't. We're looking for quick action on the small stuff.
Contribution to Cost Savings Initiatives
The actual financial savings or value added you identify and help implement for specific contracts you manage.
Target · Identify and support initiatives leading to £50K in annual savings or value add.You notice a vendor is over-delivering on a non-critical service. You work with them to adjust the scope slightly, saving us £15K. Or, you identify a process improvement that means we need fewer hours from them, saving another £35K. That's £50K.
Accuracy of Vendor Performance Data Compilation
How accurate the data you compile for vendor performance reports is, ensuring we're making decisions based on solid numbers.
Target · 98% accuracy in all compiled reportsYou're pulling together a report on a vendor's call centre metrics. If there are only two errors (e.g., miskeyed numbers, wrong date range) in 100 data points, you're hitting the target. It's about getting the details right.
Vendor Relationship Health
How effectively you build and maintain constructive, professional relationships with your assigned vendors, ensuring open communication and problem-solving.
- Vendors proactively share potential issues with you before they become critical
- you're able to negotiate minor adjustments without major friction
- internal teams feel you're a good bridge to the vendor
- feedback from vendor account managers confirms a positive working relationship.
Proactive Issue Identification & Resolution
Your ability to spot potential problems with vendor performance or service delivery before they escalate, and then take steps to fix them.
- You flag a dip in performance trends before it breaches an SLA
- you suggest process tweaks to a vendor that prevent future issues
- your manager isn't constantly bringing you problems you should have seen coming
- internal teams come to you for solutions, not just to complain.
Internal Stakeholder Satisfaction
How happy our internal business units are with the outsourced services you're overseeing, and with your support in managing those services.
- Internal teams consistently give positive feedback about the vendor's service (and your management of it)
- they feel you understand their needs and represent their interests effectively with the vendor
- they trust your judgment when issues arise
- you're seen as a helpful partner, not just a 'vendor manager'.
Documentation & Knowledge Sharing
The quality and completeness of your documentation around vendor processes, issues, and resolutions, making it easier for others to understand and pick up if needed.
- Your run books are up-to-date and clear
- colleagues can easily find information about your vendors
- you share lessons learned from issues, helping the wider team
- new joiners can quickly get up to speed on your areas thanks to your organised notes.