Abstract
The procurement phase is known as a major component of engineering, procurement and construction (EPC) projects. One of the main reasons for the lack of timely completion of projects and creating additional costs is the poor performance of companies in this phase. The complexity of the purchasing process arises from a wide variety of project purchasing items and their suppliers. A purchasing portfolio model (PPM) has been developed based on the Kraljic model in the context of multi-criteria decision-making. The proposed hybrid model consists of a combination of DEMATEL and ANP (DANP) and VIKOR. The contribution of the work presents a hybrid MCDM method to clarify the interactive relationships among the criteria, Development of the Application Range of the Kraljic portfolio model, and a managerial tool for solving classification issues. Our study outcomes verified by a real Mall project and can be used by project professionals and academic researchers.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: 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.
