Abstract
In today's modern supply chains, the adequate suppliers' choice has strategic meaning for entire companies' business. The aim of this paper is to evaluate different suppliers using the integrated model that recognizes a combination of fuzzy AHP (Analytical Hierarchy Process) and the TOPSIS method. Based on six criteria, the expert team was formed to compare them, so determination of their significance is being done with fuzzy AHP method. Expert team also compares suppliers according to each criteria and on the base of triangular fuzzy numbers. Based on their inputs, TOPSIS method is used to estimate potential solutions. Suggested model accomplishes certain advantages in comparison with previously used traditional models which were used to make decisions about evaluation and choice of supplier.
Highlights
In day-to-day business, making decisions which will, on one side lessen the expenses, and on the other side fulfill user’s needs, certainly represents a challenge.decision makers are bearing great responsibility when modeling supply chain which includes the above mentioned
Ž.Stević / SJM 11 (1) (2016) 15 - 27. Satisfying these needs that are placed in front of decision makers requires systematic approach which is mirrored in expenses’ reduce in every sub-system of logistics, shortening of time needed for certain operations accomplishments, as well as entire process needed for realization of goods delivery
Company must strive to enlarge the quality of product itself, so the end user is satisfied with provides services, what would make him a loyal user
Summary
Decision makers are bearing great responsibility when modeling supply chain which includes the above mentioned. Their task can be manifested through accomplishments of logistics triangle, which is made of expenses, time and quality. Ž.Stević / SJM 11 (1) (2016) 15 - 27 Satisfying these needs that are placed in front of decision makers requires systematic approach which is mirrored in expenses’ reduce in every sub-system of logistics, shortening of time needed for certain operations accomplishments, as well as entire process needed for realization of goods delivery. Purchasing logistics, to commit good evaluation and choice of supplier, what can largely influence the forming of product’s final price and in that way accomplish significant effect in complete supply chain. It is possible to accomplish the above mentioned if evaluation is being done based on multi-criteria decision making that includes large number of criteria and expert’s estimation of their relative significance, since one of the most important characteristics of multi-criteria decision making is that different criteria can not have equal importance (Stević et al, 2015a)
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