An Evaluation Model for Supplier Selection for European, American, and Japanese Automotive Companies

Abstract

Taiwanese suppliers lead the world in the fastener market. In 2014, exported fasteners from Taiwan amounted to USD 4.25 billion, ranking third behind Germany and China. Taiwan is an important location for the international procurement of fasteners. This chapter has three objectives. The first is to explore the evaluation criteria and their weights for fastener supplier selection for automotive companies and develop an evaluation model for fastener supplier selection. The second is to explore investment priorities and improvement for fastener suppliers for automotive companies to become qualified fastener suppliers. The third is to explore the differences in the supplier evaluation between European, American, and Japanese automotive companies and the differences in the investment and improvement priorities of being a supplier for the European, American, and Japanese automotive companies. This chapter fills the research gap for fastener supplier selection for European, American, and Japanese automotive companies.