Vendor rating is the result of a formal vendor evaluation system; it is a supplier classification. This classification is project-independent. To use different vendor rating techniques, ratings are summarized to a vendor rating type. The vendor rating types are used on the Supplier tab of P.20.01 Suppliers/Subcontractors Window 2, VR Type field.
Vendor ratings and rating types can be defined on the P.10.23 Vendor Rating Types screen.
To define a rating type, enter the type name in the Vendor Rating Type field and the descriptions in the Short Desc and Description fields. The ratings assigned to this rating type are defined in the second (Vendor Ratings) block. Enter the rating name in the Vendor Rating field and the descriptions in the Short Desc and Description fields.