A Rapid Methodology for Assessing Financial Capacity in Supplier Evaluation: A Simplified Approach

This study introduces the Quick Financial Capacity Assessment (QFCA) methodology, designed to evaluate the financial stability of suppliers efficiently and rapidly. By focusing on four key financial metrics-Operating Profit (OP), Special Profit (SP), Income Tax (T), and Insurance Costs (Ins)-the methodology enables swift and scalable evaluations [۱]. The proposed formula provides a streamlined process for calculating financial capacity, making it ideal for initial supplier assessments. Although the calculations offer valuable insights for decision-making, they serve as preliminary tools, requiring further in-depth analysis for comprehensive evaluations. This methodology prioritizes speed and efficiency, ensuring timely supplier evaluations in large-scale procurement processes [۱,۲].

Keywords:

financial capacity , supplier evaluation , rapid evaluation , simplified model , risk assessment