Application of fuzzy MCDM in supplier selection of fertiliser manufacturing industry

Vivek Agrawal, Anand Mohan Agrawal and R.P. Mohanty

International Journal of Business Performance and Supply Chain Modelling, 2017, vol. 9, issue 2, 133-159

Abstract: Supplier selection is an important strategic consideration for the manufacturing industries. Right selection is a process of identifying the right suppliers, who are able to provide the buyer right products/raw materials/services, at the right price, right time, right place and right quantity. The selection decision is based on multiple criteria and this decision often is unstructured and complex. Multi criteria decision-making (MCDM) problem involves different conflicting criteria on which decision maker's knowledge is sometimes vague and imprecise. This decision is required to be taken in a fuzzy environment. In this paper, an attempt has been made to formulate and apply a fuzzy MCDM method to a supplier selection problem from the Indian fertiliser industry.

Keywords: supply chain management; procurement process; fuzzy MCDM; fertiliser industry; supplier selection. (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbpsc:v:9:y:2017:i:2:p:133-159

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