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

Year 2015, Volume: 33 Issue: 3, 351 - 362, 01.09.2015

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.

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There are 45 citations in total.

Details

Primary Language English
Subjects Engineering
Journal Section Research Articles
Authors

Berk Ayvaz This is me

Eda Boltürk This is me

Sibkat Kaçtıoğlu This is me

Publication Date September 1, 2015
Submission Date February 5, 2015
Published in Issue Year 2015 Volume: 33 Issue: 3

Cite

Vancouver Ayvaz B, Boltürk E, Kaçtıoğlu S. SUPPLIER SELECTION WITH TOPSIS METHOD IN FUZZY ENVIRONMENT: AN APPLICATION IN BANKING SECTOR. SIGMA. 2015;33(3):351-62.

IMPORTANT NOTE: JOURNAL SUBMISSION LINK https://eds.yildiz.edu.tr/sigma/