Which assessment method involves scoring supplier proposals based on defined criteria?

The weighted points system is a method that scores supplier proposals based on predefined criteria, making it a structured and quantifiable approach to supplier evaluation. This system allows organizations to assign different weights to various criteria depending on their importance, ensuring that the most critical factors are emphasized in the scoring process.

In this method, each proposal is assessed against the criteria set forth, with scores allocated for each criterion. The overall score for each proposal is calculated by multiplying the score by the weight assigned to each criterion, leading to a comprehensive assessment that supports decision-making. This approach not only facilitates a thorough comparison between suppliers but also promotes fairness and transparency in the selection process, as each proposal is evaluated based on consistent measures.

While other methods exist, they do not focus on scoring in the same systematic manner. Qualitative assessment emphasizes subjective analysis of factors such as reliability or reputation without a point system. Cost-based analysis primarily focuses on price considerations rather than a broader set of criteria. A supplier evaluation matrix may include aspects of a weighted points system but is typically used to visually represent various suppliers against selected criteria rather than explicitly scoring them. Therefore, the weighted points system stands out as the most appropriate assessment method for scoring proposals based on defined criteria.