Journal Article10.1016/J.OMEGA.2005.11.003
An integrated multiobjective decision making process for supplier selection and order allocation
Ezgi Aktar Demirtas,Ozden Ustun +1 more
441
TL;DR: In this paper, an integrated approach of analytic network process (ANP) and multi-objective mixed integer linear programming (MOMILP) is proposed to consider both tangible and intangible factors in choosing the best suppliers and define the optimum quantities among selected suppliers to maximize the total value of purchasing and minimize the budget and defect rate.
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Abstract: Supplier selection is a multi-criteria problem which includes both tangible and intangible factors. In these problems if suppliers have capacity or other different constraints two problems will exist: which suppliers are the best and how much should be purchased from each selected supplier? In this paper an integrated approach of analytic network process (ANP) and multi-objective mixed integer linear programming (MOMILP) is proposed to consider both tangible and intangible factors in choosing the best suppliers and define the optimum quantities among selected suppliers to maximize the total value of purchasing and minimize the budget and defect rate. The priorities are calculated for each supplier by using ANP. Four different plastic molding firms working with a refrigerator plant are evaluated according to 14 criteria that are involved in the four clusters: benefits, opportunities, costs and risks (BOCR). Also the priorities of suppliers will be used as the parameters of the first objective function. This multi-objective real-life problem was solved by using e-constraint method and a reservation level driven Tchebycheff procedure. Finally, the most preferred nondominated solutions were determined by considering decision maker's (DM) preferences and the results obtained by these techniques are compared.
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Citations
Multi-criteria decision making approaches for supplier evaluation and selection: A literature review
TL;DR: Evidence is provided that the multi-criteria decision making approaches are better than the traditional cost-based approach, but also aids the researchers and decision makers in applying the approaches effectively.
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Application of decision-making techniques in supplier selection: A systematic review of literature
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Supplier selection in resilient supply chains: a grey relational analysis approach
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TL;DR: The results of the proposed research could help top management in taking strategic level decision making with respect to selection of suppliers in a resilient supply chain.
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An integrated model for closed-loop supply chain configuration and supplier selection: Multi-objective approach
TL;DR: To this knowledge, this model is the first effort to consider supplier selection, order allocation, and CLSC network configuration, simultaneously, and the mathematical programming model is validated through numerical analysis.
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A decision support system for supplier selection using an integrated analytic hierarchy process and linear programming
TL;DR: An integration of a analytical hierarchy process and linear programming is proposed to consider both tangible and intangible factors in choosing the best suppliers and placing the optimum order quantities among them such that the total value of purchasing (TVP) becomes maximum.
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