This paper presents a hybrid algorithm that prioritizes the suppliers and then allocates the demand among the suppliers. The objective here is to maximize the total purchase value of the items taking into consideration budget constraint, demand condition, delivery lead-time and supplier capacity. Since the problem is multi-criteria decision making, we solve this problem by integrating the suppl...

Global supplier development is a multi-criterion decision problem which includes both qualitative and quantitative factors. The global supplier selection problem is more complex than domestic one and it needs more critical analysis. The aim of this paper is to identify and discuss some of the important and critical decision criteria including risk factors for the development of an efficient sys...

We consider a make-to-stock supplier who operates a production facility with limited capacity. The supplier receives orders from customers belonging to several demand classes. Some of the customer classes share advance demand information with the supplier by announcing their orders ahead of their due date. However, this advance demand information is not perfect because the customer may decide t...

In this work, we consider a multi-period inventory model with raw material procurements done via a reverse auction. Bids are multi-dimensional and they consist of supplier information of price, shortage quantity and lead time. This work is an extension of our earlier work that has integrated single-period inventory models with multidimensional procurement auctions to multi-period settings. The ...

There are many benefits for coordination of multiple suppliers when single supplier cannot satisfy buyer demands.  In addition, buyer needs to purchase multiple items in a real supply chain. So, a model that satisfies these requests has many advantages. We extend the existing approaches in the literature that assume all suppliers need to be put on a common replenishment cycle and each supplier ...

The paper introduces and discusses definitions and concepts from the supplier relationship management area. This review has the goal to provide readers with the basic conditions to understand the market mechanisms and the technological developments of the SRM market. Further on, the work gives a picture of the actual business environment in which the SRM vendors are in, and the main trends in t...

Due to the increasing competition of globalization, selection of the most appropriate supplier is one of the key factors for asupply chain management’s success. Due to conflicting evaluations and insufficient information about the criteria, Intuitionisticfuzzy sets (IFSs) considered as animpressive tool and utilized to specify the relative importance of the criteria. The aim of this paper is to...

A fuzzy multi-criteria group decision making approach that makes use of quality function deployment (QFD), fusion of fuzzy information and 2-tuple linguistic representation model is developed for supplier selection. The proposed methodology seeks to establish the relevant supplier assessment criteria while also considering the impacts of inner dependence among them. Two interrelated house of qu...

Supplier selection is a key task for firms, enabling them to achieve the objectives of a supply chain. Selecting a supplier is based on multiple conflicting factors, such as quality and cost, which are represented by a multi-criteria description of the problem. In this article, a new approach based on Adaptive Neuro-Fuzzy Inference System (ANFIS) is presented to overcome the supplier selection ...

Under stochastic demand and deterministic processing times, we discussed a single-part JIT production system with the production-ordering and supplier Kanbans and derived the stationary distributions of the backlogged demand. In this paper, we extend the system to a multi-part JIT production system, deterministic processing times and withdrawals with lead time. These conditions are more realist...