What is the first step in creating a weighted points system for assessment?

The first step in creating a weighted points system for assessment is to define the criteria that will be used in the evaluation process. This foundational phase is crucial because the chosen criteria will guide the entire assessment and scoring system. Clearly defined criteria allow for consistent and objective evaluation of supplier proposals, ensuring that all relevant factors are considered before moving on to weighting or scoring.

Identifying the appropriate criteria involves understanding the key areas that align with your organization's objectives and requirements, such as quality, cost, delivery, and sustainability. This groundwork sets the stage for subsequent steps, such as determining the weight for each criterion, scoring the supplier proposals, and calculating the total scores. Without well-defined criteria, the assessment could become arbitrary and less effective in highlighting the best supplier options.