What is evaluation area in SAP SRM-EBP-VE - Vendor Evaluation?

SAP Term: evaluation area

• Component: SRM-EBP-VE

• Component Name: Vendor Evaluation

• Description: The area of organization subject to a survey, for example, marketing, or consulting.

Smart SAP Assistant

• Key Concepts: 
  Evaluation area is a component of the SAP SRM-EBP-VE Vendor Evaluation module. It is used to define the criteria for evaluating vendors and to assign weights to each criterion. The evaluation area also contains the evaluation forms that are used to collect vendor data and the scoring methods used to calculate the overall score for each vendor. 
  
  How to use it: 
  To use the evaluation area, first create an evaluation form that contains all of the criteria that you want to use for evaluating vendors. Then assign weights to each criterion based on its importance. Finally, create a scoring method that will be used to calculate the overall score for each vendor. 
  
  Tips & Tricks: 
  When creating an evaluation form, make sure that all of the criteria are relevant and necessary for evaluating vendors. Also, make sure that the weights assigned to each criterion accurately reflect its importance. Finally, make sure that the scoring method used is appropriate for the type of evaluation being conducted. 
  
  Related Information: 
  For more information about using the evaluation area in SAP SRM-EBP-VE Vendor Evaluation, please refer to SAP's official documentation or contact your SAP support team.