An analysis of the supplier selection process

Abstract

Customers select suppliers based on the relative importance of different attributes such as quality, price, flexibility, and delivery performance. This study examines the difference between managers' rating of the perceived importance of different supplier attributes and their actual choice of suppliers in an experimental setting. We use two methods: a Likert scale set of questions, to determine the importance of supplier attributes; and a discrete choice analysis (DCA) experiment, to examine the choice of suppliers. The results indicate that although managers say that quality is the most important attribute for a supplier, they actually choose suppliers based largely on cost and delivery performance.

Analytic Hierarchy Process (AHP) for a Power Transmission Industry to Vendor Selection Decisions

“…For an extensive review of literatures please refer [7]. Also the works as in [19] and [8] are very informative and contains reviews of previous researches. The work as in [6] is considered as the first published research work in the direction of vendor selection and is meaningful for research purposes.…”

“…Hybrid system had implemented to solve vendor selection method [20]. It had also attempted to quantify the attributes like quality, cost and delivery parameters so as to make the selection of vendors more justified as in [19]. For dealing with multi-level criteria for vendor selection, analytic hierarchy process (AHP) had widely been in use for solving such problems.…”

A simulation based continuous improvement approach for manufacturing based field repair service contracting

“…Furthermore, the majority of published articles on supplier selection methods have tended to focus on product based systems (e.g. Degraeve, Labro, & Roodhooft, 2004;Dursun & Karsak, 2013;Kuo & Lin, 2012 (Verma and Pullman 1998), computer expert system (Vokurka, Choobineh, and Vadi 1996), and DES (Byrne et al 2013;Chalal, Boucher, and Marques 2015).…”

Implementatipon of Hybrid Soft Model for Outsourcing Strategic Decision for Sustainable Manufacturing Environment

“…Supplier selection has received a significant converge in the field of purchasing and supply chain management literature [1,2]. [2] has identified 23 criteria's which is to be considered at the time of purchasing any product with the supplier.…”