What is 'aggregated weighted score' in SAP AP-SPA - Supplier Performance Assessment?

aggregated weighted score - Overview

• Component: AP-SPA

• Component Name: Supplier Performance Assessment

• Description: An aggregated value of all the weighted scores under a supplier assessment category.

aggregated weighted score - Details

• 
  Key Concepts: 
  Aggregated weighted score is a metric used in SAP's Supplier Performance Assessment (AP-SPA) component. It is a numerical value that is calculated based on the weighted scores of individual criteria. The criteria are weighted according to their importance and the aggregated weighted score is used to assess the overall performance of a supplier. 
  
  How to use it: 
  The aggregated weighted score is calculated by multiplying the weight of each criterion by its corresponding score and then summing up all the results. The weights are assigned based on the importance of each criterion and can be adjusted according to the specific needs of the organization. The aggregated weighted score can then be used to compare suppliers and assess their overall performance. 
  
  Tips & Tricks: 
  When assigning weights to criteria, it is important to consider the relative importance of each criterion in order to ensure that the aggregated weighted score accurately reflects the performance of a supplier. Additionally, it is important to regularly review and adjust the weights as needed in order to ensure that they remain relevant and up-to-date. 
  
  Related Information: 
  SAP's Supplier Performance Assessment (AP-SPA) component provides a comprehensive set of tools for assessing supplier performance. It includes features such as supplier evaluation, supplier rating, and supplier ranking. Additionally, it provides detailed reports and analytics that can be used to identify areas for