A two-phase fuzzy AHP - fuzzy TOPSIS model for supplier evaluation in manufacturing environment

Supplier selection is one of the most important issues in supply chain management (SCM) which greatly affects its performance and market competitiveness. In the recent years, supplier selection in SCM has become imperative to balance between the ordinal and cardinal criteria. This paper proposes a t...

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Bibliographic Details
Published inOperational Research in Engineering Sciences: Theory and Applications Vol. 2; no. 1
Main Authors Prasenjit Chatterjee, Željko Stević
Format Journal Article
LanguageEnglish
Published Regional Association for Security and crisis management, Belgrade, Serbia 19.04.2019
Subjects
Supply chain management, Supplier selection, FAHP, FTOPSIS
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Summary:Supplier selection is one of the most important issues in supply chain management (SCM) which greatly affects its performance and market competitiveness. In the recent years, supplier selection in SCM has become imperative to balance between the ordinal and cardinal criteria. This paper proposes a two-phase model which aims to evaluate and select suppliers using an integrated Fuzzy Analytical Hierarchy Process (FAHP) and Fuzzy Technique for Ordering Preference by Similarity to Ideal Solution (FTOPSIS) methods. A fully developed model consisting of several evaluation criteria, both quantitative and qualitative in nature, as assessed by FAHP method to estimate the criteria weights, while FTOPSIS method is used to rank the potential suppliers that have been singled out through expert assessment. The proposed model is a support tool in the optimization of the purchasing process, and it provides the possibility of realizing additional savings by developing stronger cooperation with the optimal supplier.
ISSN:2620-1607
2620-1747
DOI:10.31181/oresta1901060c