Run the Vendor Rating Batch Job
In the first step, the Vendor Rating batch job calculates the hard criteria total.
Time | Quality | Quantity | |
---|---|---|---|
40 | 95 | 80 | |
100 | 100 | 100 | |
100 | 100 | 40 | |
20 | 100 | 100 | |
Formula | ((0.4+1+1+0.2)/4)*100 | ((0.95+1+1+1)/4)*100 | ((0.8+1+0.4+1)/4)*100 |
Total | 65 | 99 | 80 |
The total of the hard criteria is (0.65*0.99*0.8)*100 = 51 Points.
In the next step, the batch job calculates the soft criteria total that is assigned to the vendor. The vendor has the following valid soft criteria.
Rating Type | Category Code | Rating |
---|---|---|
Audit | 10 | 85 |
Visit Report | 20 | 93 |
Self-Assessment | 30 | 88 |
The total of the soft criteria is (85 + 83 +88) / 3 = 89 Points.
In the final step, the total score is calculated using the following formula:
Total Score = ((Total hard criteria * weighting factor hard) + (Total soft criteria * weighting factor soft)) / (weighting factor hard + weighting factor soft)
The Total Score is (51 * 2 + 89) / 3 = 64 Points.
Based on this score, the vendor receives a classification rating of C.
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