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Can You Discuss The Process Of Vendor Evaluation And Rating?

I am already a bluter please help me to answer my questions

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    The vendor evaluation and rating process is very important in selection of vendors. It is important that you have detailed knowledge about your priorities and requirements as this would be the basis on which you will have to evaluate your vendors. Following are the key steps:
    System Requirement analysis: Against which you will compare each vendor.
    Prioritised Requirements: Highlighting requirements upon which rating or scoring is done.
    Scoring: Simply scoring criteria.
    Candidate selection: Based on the highest scoring candidate.
    For details on rating and vendor selection see the link below:
    www.mynon.com
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    Aicha 

    answered 2 years ago

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