Final answer:
Subjective criteria in supplier scorecards can be scored using a numerical value on a scale of 1 to 10 for each criterion, coupled with a customized weighting scheme for each attribute to highlight their importance. This scoring process aids in providing a detailed and in-depth comparison of suppliers that goes beyond just the numbers.
Step-by-step explanation:
The subjective criteria in a supplier scorecard can realistically be scored by assigning a numerical value to each criterion based on research and analysis. This process involves examining each factor carefully and then assigning a score on a scale from 1 to 10, with 1 being the lowest performance and 10 being the highest. While going through this scoring process, it's crucial to pay attention to the options with the highest scores, as they may indicate the best fit. However, choosing a supplier may also involve qualitative judgments beyond the numerical scores. Additionally, to address the varying importance of different criteria, a customized weighting scheme can be applied. Each attribute or factor can be given a specific weight based on its relevance, allowing for a more accurate assessment of each supplier. For instance, blue cells in the matrix could represent factors that add to an energy source's score, red cells could subtract, and yellow cells could have no impact. By rescore the matrix with these personalized weights, and including fossil fuels, a more nuanced picture of each supplier's strengths and weaknesses emerges.
Key Considerations in Scoring Subjective Criteria
Research and analysis of each factor.
Assignment of a numerical score from 1 to 10 for each criterion.
Development of a customized weighting scheme for attributes to reflect their importance.
It should be noted that this method, defined by the author, is not a common practice but it provides an in-depth comparison and valuable insight into supplier performance. This specific approach encourages a comprehensive analysis and helps in the decision-making process regarding supplier selection.