Utilising multicriteria decision making for rewarding participants in collaborative e-procurement

Dimitra Voulgaridou, Vrassidas Leopoulos and Konstantinos Kirytopoulos

International Journal of Procurement Management, 2011, vol. 4, issue 3, 323-339

Abstract: The technological advancements of the new network economy are changing the marketplace and impelling changes in strategic alliances and partnership structures within the e-supply chain (e-SC). E-SC managers need to consider multiple performance characteristics and trade-offs between conflicting tangible and intangible factors in order to evaluate participants. In this context, the authors present a comprehensive methodology for evaluating and rewarding participants in the parapharmaceutical e-SC. The paper consists of three parts. The first one provides a review concerning the criteria and the methods used for partners' evaluation and proposes a framework for selecting the most appropriate decision making approach. The second describes the parapharmaceutical e-procurement processes in Greece, while the third proposes an ANP-based methodology for partners' evaluation. The criteria, which influence the final decision, are presented and the results indicate that the development of a learning climate and the advanced collaboration among partners dominate the decision making process.

Keywords: collaborative e-procurement; collaboration; decision analysis; strategic alliances; analytic network process; ANP; partner evaluation; reward projects; multicriteria decision making; MCDM; procurement management; electronic procurement; online procurement; supply chain management; SCM; parapharmaceutical supply chains; pharmaceutical supply chains; Greece; learning; partner rewards. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijpman:v:4:y:2011:i:3:p:323-339

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