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Former Member

Vendor Evaluation Scoring methods E & F

Dear Folks,

In the vendor evaluation, I see two scoring methods:

E Determination of Price Variance from Invoice Documents

F Determination of Quantity Variance from Invoice Documents

Can anyone advice me how these two scoring methods works?

For example, the method E, price variance from invoice documents. What does it means? It's the price variance from invoice documents against what? Is it against the PO price?

And for method F, what's the quantity variance compared against? GR quantity or PO quantity?

Best Regards

Junwen

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    author's profile photo Former Member
    Former Member
    Posted on Jun 10, 2008 at 04:24 AM

    Hi,

    In case of scoring method E, the price variance in invoice is with reference to the price mentioned in PO. In customization, you maintain the score for each percentage or a range of percentage variance. System calculates variance from price entered in Invoice with reference to the PO & then assigns the score from the values entered in Customization.

    In case of scoring menthod F, Quantity Variance is with reference to the quantity in GRN. In this case you enter the score in customization for the variance. System calculates the variance from the quantity entered in Invoice & the GRN quantity & assigns the score you maintained in Customization.

    Hope this is clear.

    Regards,

    Prashant

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