Comparative Analysis of Factors for Supplier Selection and Monitoring: The Case of the Automotive Industry in Thailand

Juthathip Suraraksa and Kwang Sup Shin
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Juthathip Suraraksa: Graduate School of Logistics, Incheon National University, Incheon 22012, Korea
Kwang Sup Shin: Graduate School of Logistics, Incheon National University, Incheon 22012, Korea

Sustainability, 2019, vol. 11, issue 4, 1-19

Abstract: The integration of the global market makes the supply chain more complex and has great impacts on efficient supplier management strategies. The aim of this study is to present a systematic supplier management framework to integrate supplier selection and monitoring phases, which are not independent of each other. However, only a few previous studies have pointed out the differences between the two phases. The proposed methodology integrates a quantitative and qualitative approach, formulating multi-criteria decision making (MCDM) using the analytic hierarchy process (AHP) to evaluate the priorities of these criteria. This research explores the difference in the set of criteria for supplier selection and supplier monitoring. The results provide comprehensive insights into the criteria to help decision-makers, managers, and practitioners select appropriate suppliers and monitor suppliers’ performances in the automotive industry. Based on the result, it can be said that a company should integrate the supplier selection and monitoring process. Furthermore, the purchasing and manufacturing manager should continuously collaborate and synchronize the relative weights for the critical factors.

Keywords: supplier selection; supplier monitoring; supply chain; sustainable supplier management; analytic hierarchy process (AHP); automotive industry (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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