Abstract

Under the environment of supply chain, enterprises not only put forward higher request to the product itself, but also focus more on the supplier selection criteria. In the early stage of the supply chain construction enterprises, we will find that there are many outstanding suppliers to choose from; facing a large number of suppliers, an effective way of supplier evaluation is very important. In this paper, the principal component analysis method is applied in supplier evaluation index, by extracting the principal components of the multi index comprehensive evaluation, and quantitatively provides guidance and reference for the selection of suppliers for the enterprises in the supply chain.

Highlights

  • With the advent of the era of economic globalization, the management of modern enterprise has changed; the supply chain management mode has become more and more popular

  • Chain is composed of suppliers, manufacturers and distributors, in which the three suppliers in the main position are to enhance the efficiency of the supply chain, an important way to improve the operational efficiency of the supply chain

  • An ideal supplier will help enterprises to reduce production costs, and improve product quality, and determine the supply chain to run the degree of stability and operational efficiency

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Summary

Introduction

With the advent of the era of economic globalization, the management of modern enterprise has changed; the supply chain management mode has become more and more popular. Chain is composed of suppliers, manufacturers and distributors, in which the three suppliers in the main position are to enhance the efficiency of the supply chain, an important way to improve the operational efficiency of the supply chain. An ideal supplier will help enterprises to reduce production costs, and improve product quality, and determine the supply chain to run the degree of stability and operational efficiency. Screening reasonable supplier has become a strategic weight to enhance the core competitiveness of enterprises. The weight contains the amount of information of the original data, so it is objective and reasonable

Relevant Literature Research Status
The Basic Process of Principal Component Analysis Method
Evaluation Index Set
The Basic Data Processing
Determine the Main Component and Score
Summary
Full Text
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