Supplier selection ranking using MCDM approach in the textile industries

  • Song L.Jing
Keywords: Suppler selection, Multi criteria decision making, Textile industry

Abstract

In this paper, for establishing a procedure for the selection and evaluation of suppliers in supply chain, first, the competitive strategy of the organization by analyzing the strengths, weaknesses, opportunities, and threats (SWOT) is specified. Based on competitive strategy, supplier selection criteria and indicators in order to establish a framework for selecting suppliers are elected. Subsequently, potential suppliers through Data Envelopment Analysis (DEA) are monitored. Finally, the techniques of Multi Criteria Decision Making (MCDM) are used to rank suppliers. In this paper, a structured approach to select suppliers in an industry will be examined.

Published
2018-07-30
How to Cite
L.Jing, S. (2018). Supplier selection ranking using MCDM approach in the textile industries. International Journal of Applied Optimization Studies, 1(01), 25-38. Retrieved from http://ijaos.com/index.php/home/article/view/21
Section
Original article