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    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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