Technique and Tool/Method is Used for Supplier Measurement - Accounting and Finance Assignment Help

Assignment Task:

Task:

Although the system offers the user substantial flexibility in selecting categories and weights. several scorecard rules apply. First, the performance category tiled Diverse Supplier Development must be included in each evaluation per corporate requirements. Second. the se-lected performance category weights must sum to KO. Third. all subtems within a category must be scored on a 0-5 scale. which are added together and divided by the number of sub-items for an average category score This average score is then multiplied by the category weight to yield the total score for that category. When all selected categories are scored, the category totals are added to arrive at a performance level ranging from 0 to 500 points, resulting in one of the following designations: 
500-450 Platinum 449-400 Crow 399 350 Silver 349-300 Bronze <300 Reouires siva& attention 
A detailed user's manual provides guidance for subitem scoring. For example, the frst perfor-mance category listed in binbit 9.10 is on-time delivery performance. The score is based on the number of deliveries that arrived on time divided by the total number of deliveries. The fol-lowing scale determines the delivery performance score 
ON-T114 DELIVERY % SCORE 100-95 5 94-90 4 89-80 3 79-70 2 69-60 1 60 0 
 

Questions

Which technique and tool/method is used here for supplier measurement?

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