In most industries the cost of raw materials and component parts constitutes the main cost of a product, such that in some cases it can account for up to 70%.In such circumstances decision making of purchasing management can play a key role in cost reduction. In today’s highly competitive environment, an effective supplier selection process is very important to the success of any manufacturing ...

vendor selection is dominantly considered to be a multi attribute decision making (madm) problem, since the decision maker needs to evaluate suppliers simultaneously in different and even contrastive evaluation criteria. one shortcoming of madm methods is that they only compare alternatives with each other, and there is no comparison with the requirements of the buying company. a very efficient...

In this article, we deal with the problem of determining the economic operating policy when a number of items are to be procured from a number of suppliers offering different quantity discounts schedules. In such inventory problems, a fixed cost is incurred with each replenishment order, independent of the suppliers as well as the items involved in the order. Further, the item involves a minor ...

Supplier selection is a multi-criteria decision making problem which includes evaluation factors. In order to select the best suppliers it is crucial to considering the both qualitative and quantitative factors simultaneously. In the supplier selection process, manager also has to consider multicriteria factors related. Thus the integration of all the multi-criteria analysis and those analysis ...

In supply chain management, to build strategic and strong relationships, firms should select best suppliers by applying appropriate method and selection criteria. In this paper, to handle ambiguity and fuzziness in supplier selection problem effectively, a new weighted additive fuzzy programming approach is developed. Firstly, linguistic values expressed as trapezoidal fuzzy numbers are used to...

In supply chain management process, the firm select best supplier takes the competitive advantage to other companies. Thus, supplier selection is an important issue and with the multiple criteria decisionmaking approach, the supplier selection problem includes both tangible and intangible factors. This paper is aimed to present an integrated fuzzy and linear programming approach to the problem....

Nowadays companies measure suppliers on the basis of a variety of factors and criteria that affect the supplier's selection issue. This paper intended to identify the key effective criteria for selection of green suppliers through an efficient algorithm callediterative process mining or i-PM. Green data were collected first by reviewing the previous studies to identify various environmental cri...

one of the most important issues in supply chain management in different companies, including automotive part manufacturing companies, is evaluation and selection of suppliers. this action is depended on quality management system requirements that must be based on performance and actual ability of suppliers. the analytic hierarchy process (ahp) is one of the most widely used method in the field...

This paper concerns coordination of enterprise decisions such as suppliers and components selection, pricing and inventory in a multi-level supply chain composed of multiple suppliers, a single manufacturer and multiple retailers. The problem is modeled as a three-level dynamic non-cooperative game. Analytical and computational methods are developed to determine the Nash equilibrium of the game...

in recent years, supplier evaluation and selection, an important element in supply chain management, has been gaining attention in both academic literature and industrial practice. the mixed integer multi-objective non-linear programming model (mimonlp) presented in this paper aimed to evaluate and select the appropriate set of suppliers considering quantitative and qualitative criteria and in ...