Supplier selection by F-compromise method: a case study of cement industry of NE India
Krishnendu Mukherjee,
Bijon Sarkar and
Ardhendu Bhattacharyya
MPRA Paper from University Library of Munich, Germany
Abstract:
In this paper, we initially conducted a brief review of supplier selection methods to find most cited multi-criteria decision making method, present trend of supplier selection and most cited criteria for supplier selection. Our study reveals that irrespective of several limitations of analytic hierarchy process (AHP), AHP and its integrated model is most preferred supplier selection method. Present research trend of supplier selection gives more emphasises on multiple sourcing instead of single sourcing. Based on our initial study, a suitable integrated model is proposed. In this integrated model, fuzzy analytic hierarchy process (FAHP) and VIKOR (VlseKriterijumska Optimizacija I Kompromisno Resenje; in Serbian) is used to select suppliers from a predefined supplier base. Multi-objective genetic algorithm (MOGA) is used further to allocate order among suppliers. Finally, a case study is discussed to use proposed method.
Keywords: supplier selection; fuzzy AHP; VIKOR; multi-objective genetic algorithm; MOGA; India. (search for similar items in EconPapers)
JEL-codes: C6 C61 C63 (search for similar items in EconPapers)
Date: 2012, Revised 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Published in Int. J. Computational Systems Engineering 3.1(2013): pp. 162-174
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