Abstract
In today's global competitive scenario, supplier selection in the supply chain is very crucial for a competitive advantage in the manufacturing sector in India. The study presents an integrated approach for selection of the appropriate supplier to addressing the issues like innovation, after sale services and pricing. The paper proposed to solve the fuzzy analytic hierarchy process (FAHP) problem that combines the fuzzy preference programming (FPP) method to derive a crisp priority vector straightforward way from a set of fuzzy judgments by using simulation. This paper focused on the real situation, to demonstrate the effectiveness of the proposed model. The effectiveness of the model is discussed through a case conducted for Indian-based electrical manufacturing (ABC) company. For the preparation of their products, the company procures raw materials from different suppliers. Merely, a question arises which supplier is the best for the company.
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.
