Hello Friends
I have a dilemma of how to gave a score/yield more correctly to my suppliers because based on that their work is depending.
Several issues to consider:
1. Each supplier has a different number of supplied orders per quarter
2.Each supplier has a different amount of nonconforming reports per quarter
How should I correctly calculate the yield of each supplier?
Should I use RTY calculation to multiply a monthly yields in order to get the final one?
Should I normalize the calculation let say amount on nonconforming reports per 1000 orders
Please your avice
Thank you
Oleg
I have a dilemma of how to gave a score/yield more correctly to my suppliers because based on that their work is depending.
Several issues to consider:
1. Each supplier has a different number of supplied orders per quarter
2.Each supplier has a different amount of nonconforming reports per quarter
How should I correctly calculate the yield of each supplier?
Should I use RTY calculation to multiply a monthly yields in order to get the final one?
Should I normalize the calculation let say amount on nonconforming reports per 1000 orders
Please your avice
Thank you
Oleg