The article provides a guide on initiating a Vendor Rating using survey templates and methods previously set up. To start, navigate to the Vendor Ratings Dashboard and click the "Start new Vendor Rating" button. Select a method and optionally choose a category or project. Specify a start and end date to determine the active period and quarter classification. You can opt to assess individual contracts or mark the rating as a test to exclude it from the overall supplier score. Finally, click the green button to proceed to the next step.
The article below pertains to Source to Contract (S2C) for the following applications and/or module(s):
Vendor Management
Now that you have learned about survey templates and Vendor Rating methods, it is time to actually start a Vendor Rating. We will use the survey template and the Vendor Rating method you set up earlier to start this Vendor Rating.
Setting up a Vendor Rating - step 1
- Navigate to Vendors > Vendor Ratings Dashboard. (Thermometer icon)
- Click on the blue 'Start new Vendor Rating' button.
- Select a 'Method', for example, the method you set up in the previous lesson.
- You can select a 'Category'. This will then be displayed in the Vendor Ratings overview. This is not mandatory.
- You can select a 'Project'. This will then be displayed in the Vendor Ratings overview.
This is not mandatory. - Provide a 'Start date' and 'End date'.
This is the active period of the Vendor Rating. This date affects the placement of the Vendor Rating on the dashboard, divided into Q1 to Q4. The start date determines in which quarter the rating will be classified.
For example: if you want to assess Q3, then the start date is 01-07-YYYY and the end date is 30-09-YYYY. - If you want to assess individual contracts with this rating, tick 'Survey per contract'.
- If this rating should not affect the overall supplier score, tick 'Test rating'.
- Click on the green 'Start new Vendor Rating' button to proceed to step 2.