Abstract

Supplier selection is a key process that entails selecting suppliers who provide high-quality, cost-effective products or services with predetermined schedules and quantities. Organisations are currently reconsidering their supply chain strategies in order to incorporate environmental and ecological issues into their operations. This involves a shift towards environmentally conscientious providers as well as the incorporation of environmental requirements into daily practises. This research paper investigates supplier evaluation strategies and selection criteria in depth. This study presents a novel methodology for assessing supply chain risk management in the setting of supplier management. This study’s focuses are cost, quality, delivery time, environmental performance, and social responsibility. The incorporation of administrative observation into supplier selection is illustrated, with the results compared to those of traditional methods. Our findings highlight the synergies between administrative observation and quantitative metrics, providing crucial insights into supplier sustainability performance and improving decision making. Finally, this study emphasises the importance of managerial observation in sustainable supplier selection, emphasising the relevance of subjective ratings to improve awareness of suppliers’ sustainability practises and minimise risks associated with weak quantitative assessments.

Full Text
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