An Integrative Multi Criteria Decision Making Techniques for Supplier Evaluation Problem with its Application

Main Authors: Fatrias, Dicky, Kamil, Insannul, Meilani, Difana
Format: Article PeerReviewed Book
Bahasa: eng
Terbitan: IOP , 2017
Subjects:
Online Access: http://repo.unand.ac.id/21797/13/An-Integrative-Multi-Criteria-Decision-Making-Techniques.pdf
http://repo.unand.ac.id/21797/
http://iopscience.iop.org/article/10.1088/1757-899X/319/1/012076/pdf
Daftar Isi:
  • Coordinating business operation with suppliers becomes increasingly important to survive and prosper under the dynamic business environment. A good partnership with suppliers not only increase efficiency, but also strengthen corporate competitiveness. Associated with such concern, this study aims to develop a practical approach of multi-criteria supplier evaluation using combined methods of Taguchi loss function (TLF), best-worst method (BWM) and VIse Kriterijumska Optimizacija kompromisno Resenje (VIKOR). A new framework of integrative approach adopting these methods is our main contribution for supplier evaluation in literature. In this integrated approach, a compromised supplier ranking list based on the loss score of suppliers is obtained using efficient steps of a pairwise comparison based decision making process. Implemetation to the case problem with real data from crumb rubber industry shows the usefulness of the proposed approach. Finally, a suitable managerial implication is presented.