The present disclosure relates to a method and system for selecting a vendor on a digital platform. Said method comprises: (1) retrieving, by a transceiver unit [104], a data comprising a set of delivery performance factors data and a net promoter score; (2) identifying, by a processing unit [102], an association between the set of delivery performance factors data and the net promoter score; (3) determining, by the processing unit [102], a dynamic weight for one or more delivery performance factors, based on the association between the set of delivery performance factors data and the net promoter score; (4) determining, by the processing unit [102], a vendor performance score based on the one or more delivery performance factors and the dynamic weights associated with the one or more delivery performance factors; and (5) selecting, by a selection unit [106], the vendor based on the vendor performance score.