Improvement of Order Performance of a Supplier
Christodoulos Nikou () and
Socrates J. Moschuris ()
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Christodoulos Nikou: University of Piraeus
Socrates J. Moschuris: University of Piraeus
A chapter in Applications of Mathematics and Informatics in Science and Engineering, 2014, pp 375-388 from Springer
Abstract:
Abstract Defence procurement is a multi-criteria decision problem and a large part of a Department of Defence (DoD) annual budget. For example, in the fiscal year 2009, contract obligations for the US DoD included $370 billion for defence-related supplies and services [3], and in Great Britain the respective amount for 2011–2012, was 20.1 billion pounds (UK NAO-National Audit Office (2013), Improving Government Procurement, London, United Kingdom). This paper develops a procedure for the evaluation/improvement of the ordering process in Military Critical Items to help procurement personnel report quickly and accurately to the Hierarchy of an agency/company. In this attempt, Perfect Order (PO) concept, Principal Component Analysis and Multivariate EWMA control chart were combined onto real data collected from members of the Armed Forces with the required confidentiality.
Keywords: Control Chart; Supplier Selection; Multivariate Exponentially Weighted Moving Average; Anderson Darling; Multivariate Control Chart (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spochp:978-3-319-04720-1_23
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DOI: 10.1007/978-3-319-04720-1_23
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