Lynn this sounds like a great idea! 8)
1. We operate within a 7 day on-time window. So if a vendor delivers 7 days early, or late, they're still considered on-time. Anything outside the window is considered unacceptable and counts against them.
2. Dollar value is not an issue in our calculations. We try to meet our promised delivery dates to our customers in order maintain our vendor rating. Also, we don't always know the value of our customer 's finished product.
3. We treat on-time performance (receipt date) and quality performance (buyoff date) as 2 separate issues. Of course, if it gets rejected it might affect delivery performance; but sometimes replacements are made within the delivery window. Therefore, the poor quality aspect has to be tracked separately.
Hope this helps.
Fred