Abstract
Supplier evaluation and selection problem has been studied extensively. Various decision-making approaches have been proposed to tackle the problem. In contemporary supply chain management, the performance of potential suppliers is evaluated against multiple criteria rather than considering a single factor-cost. This article proposes a new weighted nonlinear model to solve the multiple criteria supplier-selection problem. The proposed model not only incorporates multiple criteria for supplier selection but also maintains the effects of weights in the final solution. An illustrative example is presented to compare the proposed model and those in the literature.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: International Journal of Computer Integrated Manufacturing
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.