Supplier Selection by Coupling-Attribute Combinatorial Analysis

Xinyu Sun

Mathematical Problems in Engineering, 2017, vol. 2017, 1-9

Abstract:

Increasing reliance on outsourcing has made supplier selection a critical success factor for a supply chain/network. In addition to cost, the synergy among product components and supplier selection criteria should be considered holistically during the supplier selection process. This paper shows this synergy using coupled-attribute analysis. The key coupling attributes, including total cost, quality, delivery reliability, and delivery lead time of the final product, are identified and formulated. A max-max model is designed to assist the selection of the optional combination of suppliers. The results are compared with the individual supplier selection. Management insights are also discussed.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:7430248

DOI: 10.1155/2017/7430248

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