Understanding Supplier Scorecarding
PeopleSoft Supplier Scorecard measures supplier performance against a set of targets to ensure suppliers are meeting the needs of the organization in a way that is acceptable.
The Supplier Scorecarding process consists of evaluation templates containing weighted sections and questions which can be used to evaluate and score suppliers utilized by your organization. Evaluation responses can be solicited from users across an organization. Results are collected, validated, and posted making them available for review and analysis to help determine whether a supplier is performing up to the expectations of the organization.
PeopleSoft Supplier Scorecarding also contains objective Key Performance Indicator (KPI) questions and scores incorporated into templates, evaluations, and the overall scorecard results. This allows reviewers to view and analyze both objective and subjective scored questions within the same scorecard.
The supplier scorecarding process involves:
Configuring supplier scorecarding. See Setting Up Supplier Scorecarding
Creating and maintaining Evaluation templates. See Creating and Maintaining Evaluation Templates
Creating and releasing evaluations to the users. See Creating Evaluations
Evaluating suppliers by completing and submitting the evaluations. See Evaluating Suppliers
Managing evaluation responses, applying KPI values, and posting results. See Managing Evaluations
Reviewing supplier scorecards. See Analyzing Supplier Scorecard