Given the impact of transportation costs on both supplier selection and inventory replenishment decisions in today’s enterprises, this article addresses both problems simultaneously by proposing a mixed integer nonlinear programming model to properly allocate order quantities to the selected set of suppliers while taking into account the purchasing, holding and transportation costs under suppli...

Supplier selection in supply chain is critical strategic decision for organization’s success and has attracted much attention of both academic researchers and practitioners. Supplier selection problem consists of stochastic and recognitive uncertainties. However, the requirement of large sample size and strong subject knowledge to build suitable fuzzy membership function restrict the applicabil...

One of important problems in supply chains management is supplier selection. In a company, there are massive data from various departments so that extracting knowledge from the company’s data is too complicated. Many researchers have solved this problem by some methods like fuzzy set theory, goal programming, multi objective programming, the liner programming, mixed integer programming, analyti...

This paper considers a problem of multi-period supply portfolio selection and execution with demand information updates. A supply portfolio specifies a buyer’s decision on selecting sourcing mix from among a group of suppliers. We develop a framework for optimal supply portfolio selection and execution. Further, we demonstrate that the optimal portfolio selection follows a base-stock policy and...

Supplier selection is an important problem in supply chain management (SCM), and has attracted the attention of many researchers. Tremendous effort has been spent on the development of agent-based systems to automate supplier selection negotiation process in SCM applications. In this kind of multiagent system (MAS), software agents are established to represent various parties and functions invo...

We study the Capacitated Supplier Selection problem with Total Quantity Discount policy and Activation Costs, a procurement problem where a company needs a certain quantity of different products from a set of potential suppliers, and introduce its variant under uncertainty. In its deterministic form, the problem aims at selecting a subset of the suppliers and the relative purchasing plan satisf...

This paper proposes an integrated methodology and its solution for supplier selection problem. A twostage stochastic programming model and fuzzy TOPSIS methods are consolidated in this methodology. After pre-research phase, in the second part of the methodology, fuzzy TOPSIS is used for ranking potential suppliers considering qualitative data under fuzzy environment. In the third part of the me...

Supplier selection is a multi-attribute decision making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict with each other. Since most of the input information is not known accurately, selecting the right suppliers becomes more difficult. Grey theory is one of the new mathematical methods used to analyze systems with uncertain and incomplete info...

In nowadays world competitive market, on account of the development of electronic media and its influence on shortening distances, companies require some core competencies in order to be able to compete with numerous competitors in industry and sustain their situation in such a market. In addition companies achieve this target are those which their processes perform great and exploit from compe...