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Supplier evaluation using scoring model

One of avisor’s core functions is a performance review of the cooperation between ordering parties and suppliers. A newly released add-on provides an additional metric for evaluation. It is built on a scoring model for your suppliers.

The scoring model is a quantitative, non-monetary analysis method that uses decision theory to help simplify the analysis of numerous complex potential actions. It breaks down the various elements based on the preferences of the decision-maker into a multi-dimensional target system. The ordering is depicted through an assessment of the overall value of the different alternatives.

Scoring models are frequently used when “soft” factors – those not capture by monetary or statistical analysis – are in play and which need to be accounted for during decision making.

  • Assessment of the metrics is performed via freely configurable Actions and Document Status categories that accounting for authorisation structures.
  • The weighting of the criteria can be adapted freely for each configuration.

Contact us to learn more about this free extension and how it works in your avisor landscape.

About the author

Thomas Derix

Thomas Derix administrator