👍 Key Features

• Create and manage vendor evaluations using a structured assessment process.
• Configure custom evaluation criteria such as Quality, Delivery, Pricing, Communication, and Service.
• Assign weights to evaluation criteria for accurate supplier performance measurement.
• Automatically calculate scores and overall vendor ratings.
• Track vendor performance history and evaluation records.
• Review the latest vendor rating directly from Vendor records.
• Display vendor ratings in RFQs and Purchase Orders.
• Display vendor ratings in Vendor Bills for better purchasing and accounting visibility.
• Approval workflow to review and validate evaluations.
• Flexible evaluation criteria selection based on vendor.

⚙ How It Works

• Install the Vendor Evaluation module and navigate to Purchase → Configuration → Evaluation Criteria.
• Create evaluation criteria such as Quality, Delivery, Pricing, Communication, and Service, then assign weights to each criterion.
• Navigate to Purchase → Orders → Vendor Evaluation and create a new Vendor Evaluation record.
• Rate the vendor based on the configured evaluation criteria.
• Uncheck criteria that are not applicable to the selected vendor.
• The system automatically calculates the final score and vendor rating.
• Submit the evaluation for approval and complete the approval workflow.
• View the latest evaluation rating directly from the Vendor Contact record.
• Review vendor ratings in RFQs and Purchase Orders.
• View vendor ratings in Vendor Bills for better supplier visibility.

👉 Evaluation Criteria Configuration

Navigate to Purchase → Configuration → Evaluation Criteria to create and manage vendor evaluation criteria.

👉 Create Evaluation Criteria

Create a new evaluation criterion by entering the criterion name, description, weight, sequence, and active status. These criteria will be used to assess and calculate vendor performance scores during the evaluation process.

👉 Vendor Evaluation Records

Navigate to Purchase → Orders → Vendor Evaluation to view and manage all vendor evaluations. Monitor evaluation scores, ratings, evaluators, approval status, and overall supplier performance.

👉 Create Vendor Evaluation

Select the vendor, define the review period, and evaluate supplier performance by assigning ratings to each evaluation criterion. The system automatically calculates the final score, generates the overall vendor rating.

👉 Flexible Evaluation Criteria

Select only the applicable evaluation criteria for each vendor. Users can exclude criteria that are not relevant to ensure accurate and meaningful supplier performance assessments.

👉 Latest Evaluation in Vendor Record

View the latest vendor evaluation rating directly from the Vendor Contact record. This allows users to quickly review supplier performance and access evaluation details without opening separate evaluation records.

👉 Vendor Rating in RFQ and Purchase Orders

View the latest vendor evaluation rating directly within RFQs and Purchase Orders. This enables purchasing teams to review supplier performance during the procurement process and make informed purchasing decisions.

👉 Vendor Rating in Vendor Bills

View the latest vendor evaluation rating directly on Vendor Bills. This provides accounting and purchasing teams with immediate visibility into supplier performance during invoice processing and payment management.