A Three-Phase Multicriteria Method to the Supplier Selection Problem
DOI:
https://doi.org/10.23055/ijietap.2008.15.2.121Keywords:
Supplier Selection, Analytical Hierarchy Process, Goal ProgrammingAbstract
This paper describes a new multi-criteria method to solve the general supplier selection problem. The supplier selection problem is complicated and risky, owing to a variety of qualitative and quantitative factors affecting the decision-making process. For this matter, we present a unique three-phase methodology to reduce the base of potential suppliers to a manageable number and optimize the allocation of orders by means of multi-criteria techniques, namely ideal solution approach, Analytical Hierarchy Process (AHP) and Goal Programming (GP). Finally, a real-life example is provided to illustrate how the method can be used in practice.Downloads
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