INFORMATION CHANGE THE WORLD

International Journal of Information Engineering and Electronic Business(IJIEEB)

ISSN: 2074-9023 (Print), ISSN: 2074-9031 (Online)

Published By: MECS Press

IJIEEB Vol.6, No.4, Aug. 2014

Supplier Selection in Dynamic Environment using Analytic Hierarchy Process

Full Text (PDF, 266KB), PP.20-26


Views:115   Downloads:11

Author(s)

Prince Agarwal, Manjari Sahai, Vaibhav Mishra, Monark Bag, Vrijendra Singh

Index Terms

Supplier Selection;Multi-Attribute Decision Making;Analytic Hierarchy Process (AHP); Procurement Strategy;Priority Weights

Abstract

In today’s highly competitive business environment, the rapidly changing customer demands and with the advent of enterprise wide information systems, the managers are bound to think beyond the conventional business processes and devise new ways to squeeze out costs and improve the performance without compromising on the quality at the same time. Supplier evaluation and selection is one such area which determines the success of any manufacturing firm. Supplier selection is the problem wherein the company decides which vendor to select to have that strategic and operational advantage of meeting the customers’ varying demands and fight the fierce competition. This paper presents a simple model based on Analytic Hierarchy Process (AHP) to help decision makers in supplier evaluation and selection, taking into account the firm’s requirements. The article is intended to help new scholars and researchers understand the AHP model and see different facets in first sight.

Cite This Paper

Prince Agarwal, Manjari Sahai, Vaibhav Mishra, Monark Bag, Vrijendra Singh,"Supplier Selection in Dynamic Environment using Analytic Hierarchy Process", IJIEEB, vol.6, no.4, pp.20-26, 2014. DOI: 10.5815/ijieeb.2014.04.03

Reference

[1]Ghodsypour S. H., and O’Brien C., “A decision support system for supplier selection using an integrated analytical hierarchy process and linear programming”, International Journal of Production Economics, Vol. 56-57, pp 199-212, 1998

[2]Motwani J., and Youssef M., “Supplier selection in developing countries: a model development”, Integrated Manufacturing Systems, Vol. 10, No. 3, pp 154-162, 1999.

[3]Li C.C., and Fun Y.P., “A new measure for supplier performance evaluation”, IIE Transactions, Vol. 29, No. 9, pp 753-758, 1997.

[4]Petroni A., “Vendor selection using principal component analysis”, The Journal of Supply Chain Management, Vol. 36, No.2, pp 63-69, 2000.

[5]Liu F.H.F., and Hai. H.L., “The voting analytic hierarchy process method for selecting supplier”, International Journal of Production Economics, Vol. 97, No. 3, pp 308-317, 2005.

[6]Yahya S., and Kingsman B., “Vendor rating for an entrepreneur development programme: a case study using the analytic hierarchy process method”, Journal of the Operational Research Society, Vol. 50, No. 9, pp 916-930, 1999

[7]Chen-Tung C., Ching-Torng L., and Huanget S.F., “ A fuzzy approach for supplier evaluation and selection in supply chain management”, International Journal of Production Economics, Vol.102, No. 2, pp 289–301, 2006.

[8]Dulmin R., and Mininno V., “Supplier selection using a multi-criteria decision aid method”, Journal of Purchasing and Supply Management, Vol. 9, No. 4, pp 177-187, 2003.

[9]Dickson G.W., “An analysis of vendor selection systems and decisions”, Journal of Purchasing, Vol. 2, No. 1, pp 5-17, 1966.

[10]Weber C.A., Current J.R., and Benton W.C., “Vendor selection criteria and methods”, European Journal of Operational Research, Vol. 50, No.1, pp 2–18, 1991.

[11]Zhang Z., Lei J., Cao N., To K., and Ng K., “Evolution of Supplier Selection Criteria and Methods”, European Journal of Operational Research, Vol. 4, No.1, pp 335-342, 2003.

[12]Bross M. E., and Zhao G., “Supplier selection process in emerging markets – The case study of Volvo Bus Corporation in China” Master Thesis. School of Economics and Commercial Law. Göteborg University, 2005.

[13]Saaty T.L. “Decision making with the analytic hierarchy process”, International Journal of Services Sciences, Vol. 1, No. 1, pp 83–98, 2008.

[14]Vaidya O.S., and Kumar S., “Analytic hierarchy process: An overview of applications” European Journal of Operational Research, Vol. 169, No.1, pp 1-29, 2006.

[15]Akarte M.M., Surendra N.V., Ravi B., and Rangaraj N., “Web based casting supplier evaluation using analytical hierarchy process”, Journal of the Operational Research Society, Vol. 52, No. 5, pp 511-522, 2001.

[16]Chamodrakas I., Batis D., and Martakos D., “Supplier selection in electronic marketplaces using satisficing and fuzzy AHP”, Expert Systems with Applications, Vol. 37, No.1, pp 490–498, 2010.

[17]Tam M.C.Y., and Tummala V.M.R., “An Application of the AHP in vendor selection of a telecommunications system” Omega, Vol. 29, No. 2, pp 171-182, 2001.

[18]Saaty T, “The Analytic Hierarchy Process”, N. Y. McGraw-Hill, 1980.