In cases of missing data or in cases where the effort to collect quantitative data is not worth the expected benefit, it is recommended to run a qualitative evaluation.
The Supplied Evaluation/Supplier Portfolio tool supports such a scenario well. With it, it is possible to evaluate alternative options from different perspectives (either over time or by stakeholders) for additional insights and increased confidence regarding the resulting decisions.
The associated set of templates offers a list of evaluation criteria to set up quickly a customized supplier evaluation document. In addition, it is possible to cluster evaluation criteria easily and quickly into distinctive dimensions and to generate a Supplier Portfolio.
The Option Evaluation tool itself, part of this suite, helps the analyst to focus the evaluation on qualitative aspects of the support dimensions. To simplify the evaluation, quantitative data can be imported via export to Excel and import to the tool Data Trends.