A MCDM approach for supplier selection process: A pilot study from Iran
Babak Daneshvar Rouyendegh () and
Farshid Gholamrezanezhad ()
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Babak Daneshvar Rouyendegh: Department of Industrial Engineering, Atılım University, İncek, Ankara, Turkey
Farshid Gholamrezanezhad: Department of Industrial Engineering, Atılım University, İncek, Ankara, Turkey
Marketing and Branding Research, 2017, vol. 4, issue 2, 129-134
Abstract:
This paper utilized TOPSIS method to implement and select a proper supply chain management system (SCMs). SCM selection was figured out and evaluated by applying multi-criteria decision-making (MCDM) methods. The study employed an evaluation methodology based on the technique for order preference by similarity to ideal solution (TOPSIS). The supplier selection problem is solved utilizing the TOPSIS method and then it was used to determine the weights of all criteria by considering the effects of interference and the relationships among the selection criteria. The current methodology provided a proper and easy ranking system of supplier variables using a TOPSIS method which was considered as the ultimate goal of any effective SCM system and was clarified with a numerical example.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:bco:mbraaa::v:4:y:2017:p:129-134
DOI: 10.33844/mbr.2017.60277
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