Research Article

A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection

Volume: 7 Number: 2 May 31, 2020
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A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection

Abstract

Supplier selection and measurement of supplier performance are multiple criteria decision making (MCDM) problems and have strategic importance for all industries. The study contains analyzed factors that are affecting the process of the supply chain with respect to supplier performance. Supplier performance measures is a tool to determine whether suppliers are doing their job as expected. The importance of supplier performance measurement should not be underestimated due to direct and indirect productivity-related consequences. Supplier evaluation is a complex multiple criteria decision-making problem that is affected by several conflicting factors. Because of this, the measurement of supplier performance has been becoming increasingly important and critical throughout the world. The purpose of this paper is to investigate the MCDM methods and propose a novel method in order to check how the performance of suppliers is being measured with using three different methods. Qualification and final selection of the supplier can be done with a proposed novel model. In the study, the criteria are weighted with the Analytical Hierarchy Process, while TOPSIS and VIKOR methods are used to evaluate and rank the suppliers. Evaluating supplier performance, derive the importance of the main criteria and sub-criteria applied in decision-matrix to sort the suppliers according to the measurement of supplier performance criteria.

Keywords

References

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  5. Referans5 Bruno G, Esposito E, Genovese A, Passaro R. (2012). AHP-Based Approaches for Supplier Evaluation: Problems And Perspectives”. Journal of Purchasing and Supply Management, 18(3), 159-172.
  6. Referans6 Azadnia AH, Samana MZM, Wonga KY, Ghadimib P, Zakuanc N. (2012). Sustainable Supplier Selection Based on Self-Organizing Map Neural Network and Multi Criteria Decision Making Approaches. Procedia Social and Behavioral Sciences, 65, 879-884.
  7. Referans7 Gul M, Guneri AF. (2016). A Fuzzy Multi Criteria Risk Assessment Based On Decision Matrix Technique: A Case Study for Aluminum Industry. Journal of Loss Prevention in the Process Industries, 40, 89-100.
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Details

Primary Language

English

Subjects

Engineering

Journal Section

Research Article

Publication Date

May 31, 2020

Submission Date

November 20, 2019

Acceptance Date

February 6, 2020

Published in Issue

Year 2020 Volume: 7 Number: 2

APA
Ak, M. F. (2020). A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection. El-Cezeri, 7(2), 410-423. https://doi.org/10.31202/ecjse.648856
AMA
1.Ak MF. A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection. El-Cezeri Journal of Science and Engineering. 2020;7(2):410-423. doi:10.31202/ecjse.648856
Chicago
Ak, Muhammet Fatih. 2020. “A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection”. El-Cezeri 7 (2): 410-23. https://doi.org/10.31202/ecjse.648856.
EndNote
Ak MF (May 1, 2020) A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection. El-Cezeri 7 2 410–423.
IEEE
[1]M. F. Ak, “A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection”, El-Cezeri Journal of Science and Engineering, vol. 7, no. 2, pp. 410–423, May 2020, doi: 10.31202/ecjse.648856.
ISNAD
Ak, Muhammet Fatih. “A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection”. El-Cezeri 7/2 (May 1, 2020): 410-423. https://doi.org/10.31202/ecjse.648856.
JAMA
1.Ak MF. A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection. El-Cezeri Journal of Science and Engineering. 2020;7:410–423.
MLA
Ak, Muhammet Fatih. “A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection”. El-Cezeri, vol. 7, no. 2, May 2020, pp. 410-23, doi:10.31202/ecjse.648856.
Vancouver
1.Muhammet Fatih Ak. A Multi Criteria Decision Making Methodology Based Novel Model For Supplier Selection. El-Cezeri Journal of Science and Engineering. 2020 May 1;7(2):410-23. doi:10.31202/ecjse.648856

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