The success of an industry depends on optimization of product cost and for achieving above goal supplier selection should be error free and efficient. The supplier selection Problem is a multi objective problem involving both qualitative and quantitative factors. These factors and their interdependencies make the problem highly complex one. The supplier selection issue has been founded out as o...

Fuzzy Technique for Order Preference by Similarly to Ideal Solution (TOPSIS) is one of the most commonly used approaches in solving numerous multiple criteria decision making problems. It has been widely used in ranking of multiple alternatives with respect to multiple criteria with the superiority of fuzzy set type-1 and subjective weights. Recently, fuzzy TOPSIS has been merged with interval ...

In today’s competitive global markets, selection of a potential supplier plays an important role to cut production costs as well as material costs of the company. This leads to successful survival and sustainability in a competitive marketplace. Therefore, evaluation and selection of an appropriate supplier has become an important part of supply chain management. The nature of the supplier sele...

nowadays, due to the competitive conditions of global market, corporations try to outsource their extraneous processes to third-party suppliers. so, selecting a proper supplier play a significant role in organization success. the supplier selection problem can be viewed as a group decision-making problem with multiple criteria. since in previous researches the inter relationship between criteri...

expert systems can help to build banks customers' credit scoring models. here, selection of key features of the credit scoring is important. also, it is possible to express the features values as fuzzy. the problem is how to improve features selection by genetic algorithm, in way that these features can be employed as input in fuzzy expert system. this paper presents a hybrid credit scorin...

Supply chain management is concerned with the coordination of material and information flows in multi-stage production systems. Inventory management has long been treated as an isolated function solely focused on individual entities, taking into account concerned with single-vendor-single-buyer and single-vendormultiple-buyer-models. Concerning the supplier selection problem, quantitative model...

supplier selection is one of the most important activities of purchasing departments. this importance is increased even more by new strategies in a supply chain, because of the key role suppliers perform in terms of quality, costs and services which affect the outcome in the buyer’s company. supplier selection is a multiple criteria decision making problem in which the objectives are not equall...

Limited business resources and a fierce market competition require quality management which considers stakeholders’ needs. For every production company important stakeholders are suppliers of components embedded in the final product. The selection of suppliers of product components plays a very important role in the realization of the production process. Supplier selection is a multi-criteria d...