The categorical method is the simplest form of supplier evaluation. It involves rating suppliers based on various categories such as quality, delivery, and service. Each category is rated using a simple system, such as satisfactory/unsatisfactory or good/average/poor. This method is straightforward and easy to implement compared to benchmarking (Option A), weighted point (Option C), and scorecard (Option D) methods, which are more detailed and complex.
References:
Supplier Evaluation and Performance Excellence: A Guide to Meaningful Metrics and Successful Results by Sherry R. Gordon
Purchasing and Supply Chain Management by Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, and James L. Patterson
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