Research Article

SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR

Volume: 33 Number: 3 September 1, 2015
  • Berk Ayvaz
  • Eda Boltürk
  • Sibkat Kaçtıoğlu

SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR

Abstract

Evaluation and selection of the appropriate supplier is complicated and time consuming decision making process for companies. Selection of inappropriate supplier leds to higher cost and it influences negatively business process of companies in competitive environment. In this paper, fuzzy-TOPSIS method, considering combination of quantitative and qualitative evaluation criteria, is presented to select appropriate supplier under uncertain environment. The proposed model is applied to the electronic signature purchasing process of a firm that operates in banking sector in Turkey. Quality, purchasing costs, additional costs (maintenance, training, and update costs etc.), security level, compatibility with existing IT infrastructure, after-sales support, and technical competence are selected for supplier selection process in accordance with a detailed literature review and experts’ opinions.

Keywords

References

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Details

Primary Language

English

Subjects

Engineering

Journal Section

Research Article

Authors

Berk Ayvaz This is me
Türkiye

Eda Boltürk This is me
Türkiye

Sibkat Kaçtıoğlu This is me
Türkiye

Publication Date

September 1, 2015

Submission Date

February 5, 2015

Acceptance Date

July 15, 2015

Published in Issue

Year 2015 Volume: 33 Number: 3

APA
Ayvaz, B., Boltürk, E., & Kaçtıoğlu, S. (2015). SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR. Sigma Journal of Engineering and Natural Sciences, 33(3), 351-362. https://izlik.org/JA72HT34WW
AMA
1.Ayvaz B, Boltürk E, Kaçtıoğlu S. SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR. SIGMA. 2015;33(3):351-362. https://izlik.org/JA72HT34WW
Chicago
Ayvaz, Berk, Eda Boltürk, and Sibkat Kaçtıoğlu. 2015. “SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR”. Sigma Journal of Engineering and Natural Sciences 33 (3): 351-62. https://izlik.org/JA72HT34WW.
EndNote
Ayvaz B, Boltürk E, Kaçtıoğlu S (September 1, 2015) SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR. Sigma Journal of Engineering and Natural Sciences 33 3 351–362.
IEEE
[1]B. Ayvaz, E. Boltürk, and S. Kaçtıoğlu, “SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR”, SIGMA, vol. 33, no. 3, pp. 351–362, Sept. 2015, [Online]. Available: https://izlik.org/JA72HT34WW
ISNAD
Ayvaz, Berk - Boltürk, Eda - Kaçtıoğlu, Sibkat. “SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR”. Sigma Journal of Engineering and Natural Sciences 33/3 (September 1, 2015): 351-362. https://izlik.org/JA72HT34WW.
JAMA
1.Ayvaz B, Boltürk E, Kaçtıoğlu S. SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR. SIGMA. 2015;33:351–362.
MLA
Ayvaz, Berk, et al. “SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR”. Sigma Journal of Engineering and Natural Sciences, vol. 33, no. 3, Sept. 2015, pp. 351-62, https://izlik.org/JA72HT34WW.
Vancouver
1.Berk Ayvaz, Eda Boltürk, Sibkat Kaçtıoğlu. SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR. SIGMA [Internet]. 2015 Sep. 1;33(3):351-62. Available from: https://izlik.org/JA72HT34WW

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