What is weighting factor in SAP AP-SPA - Supplier Performance Assessment?

SAP Term: weighting factor

• Component: AP-SPA

• Component Name: Supplier Performance Assessment

• Description: A value to weight assessment categories of the same category hierarchy level in a supplier assessment profile. The higher the weighting factor, the more important the assessment category.

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• Key Concepts: 
  Weighting factor is a numerical value used to assign relative importance to different criteria in the Supplier Performance Assessment (SPA) component of SAP. It is used to determine the overall score of a supplier based on their performance in different areas. The weighting factor is assigned to each criterion and is used to calculate the overall score. 
  
  How to use it: 
  The weighting factor is set up in the SPA configuration. The user can assign a numerical value to each criterion, which will be used to calculate the overall score. The higher the weighting factor, the more important that criterion will be in determining the overall score. 
  
  Tips & Tricks: 
  When setting up the weighting factors, it is important to consider how important each criterion is in determining the overall score. It is also important to consider how much weight should be given to each criterion, as this will affect the overall score. 
  
  Related Information: 
  The SPA component of SAP also includes other features such as supplier evaluation and supplier rating. These features can be used in conjunction with the weighting factor to provide a more comprehensive assessment of a supplier's performance.