A Methodology to Integrate Sustainability Evaluations into Vendor Rating

2020 ◽  
pp. 554-562
Author(s):  
Alessandro Fontana ◽  
Silvia Menato ◽  
Andrea Barni
Keyword(s):  
Vendor Rating

Vendor rating system for an Indian start-up: a combined AHP & TOPSIS approach

2018 ◽  
Vol 22 (3) ◽  
pp. 220-241 ◽  
Author(s):  
Rohit Kumar Singh ◽  
Surendra Kansara ◽  
Niraj Kumar Vishwakarma
Keyword(s):  
Relevant Literature ◽  
Three Dimensional ◽  
Pairwise Comparison ◽  
Content Type ◽  
Three Dimensional Printing ◽  
Start Up ◽  
Order Preference ◽  
Topsis Approach ◽  
Rating Model ◽  
Vendor Rating

Purpose The aim of this paper is to identify the criteria that are used for vendor or supplier rating, prioritize these criteria based on the industry inputs and develop a vendor rating model. The data were collected from an Indian start-up working in product development using three-dimensional printing (3DP). Design/methodology/approach Factors of importance for vendor rating were identified through industry visits, and interacting with the industry experts from the start-up under consideration, substantiated by extensive review of relevant literature. A questionnaire-based survey was carried out to further narrow down the factors important to the industry, prioritizing them with a pairwise comparison analysis as envisaged in the analytical hierarchy process (AHP) technique along with the calculation of consistency ratios. Technique for order preference by similarity to ideal solution (TOPSIS) methodology was further used for data aggregation. Findings This research brought forward the criteria that are useful for rating vendors or suppliers with reference to 3DP sector. Originality/value This paper integrates AHP and TOPSIS to solve a multi-criteria vendor rating problem. The attempt was made to make vendor rating process universal so that it can encompass all the vendors of the firm.

Bharat Tobacco: vendor selection and vendor rating

2013 ◽  
Vol 3 (2) ◽  
pp. 1-8
Author(s):  
Monica Singhania ◽  
Gagan Gandhi
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Operations Management ◽  
Manufacturing Industry ◽  
Marketing Research ◽  
Vendor Selection ◽  
Chain Management ◽  
Content Type ◽  
Vendor Rating

Subject area Supply chain management and particularly the significance of vendors as a strategic decision making tool. Study level/applicability The case is suitable for use in the following courses: MBA programs with specialisation in operations management where it can be used to teach students the significance of vendor selection and vendor rating in supply chain management (SCM); marketing research in management where it can be used to highlight the concept of multi attribute utility theory (MAUT) and its application; advanced statistics for multi criteria decision making (MCDM); and MBA/post graduate programs in management in strategic management where it can be used to introduce the concept of SWOT analysis and Porter's five forces model. An understanding of business process improvement will enable students get a comprehensive view about the case. Case overview This case showcases the concepts of MCDM and SCM in manufacturing industry. The company wanted to select vendors and rate them in each category of raw materials in order to have a competitive advantage over competitors. Since there are multiple attributes (often contradictory in nature) based on which the vendors would be selected Kaul, Vice-President, Commercial uses multi-attribute utility theory (MAUT) to help solve the problem. The case has implications for manufacturing industry in selecting vendors to meet a raw materials need. Expected learning outcomes The case can be used to understand management concepts such as market research, supply chain management and multi criteria decision making. It can be used to: teach complexities involved in identifying attributes for vendor selection and vendor rating; help understand supply chain management in business process improvement; help students understand the application of MCDM; and help MBA students studying marketing research. The case will also be useful to students in understanding the application of MCDM in operations management. Some knowledge about cigarette manufacturing will help students to realize the depth of the case. Supplementary materials Teaching notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes.

Vendor rating in purchasing scenario: a confidence interval approach

2001 ◽  
Vol 21 (10) ◽  
pp. 1305-1326 ◽  
Author(s):  
C. Muralidharan ◽  
N. Anantharaman ◽  
S.G. Deshmukh
Keyword(s):  
Confidence Interval ◽  
Interval Approach ◽  
Vendor Rating

Developing a model of vendor rating to manage quality in the supply chain

2019 ◽  
Vol 11 (1) ◽  
pp. 34-52 ◽  
Author(s):  
Gilberto Santos ◽  
Federica Murmura ◽  
Laura Bravi
Keyword(s):  
Supply Chain ◽  
Single Case ◽  
Secondary Data ◽  
Objective Evaluation ◽  
Time Frame ◽  
Structured Interviews ◽  
Gamma Model ◽  
Content Type ◽  
Vendor Rating ◽  
The Relationship

PurposeThis paper aims to present a model developed by an Italian company, Gamma, that produces technologically high-precision components, with the objectives of defining a model of vendor rating to improve companies’ management and quality within the supply chain.Design/methodology/approachThe research has been developed through a qualitative approach, based on a longitudinal single case study. Two semi-structured interviews have been carried out with the company’s Quality Manager in September 23 and October 31, 2016. Relevant secondary data were also used, such as company reports and their website.FindingsOwing to the implementation of the Gamma model, the company is committed to the prudent selection of its partners and in establishing lasting relationships of mutual benefit with them. The termination of the relationship with suppliers is therefore rare; monitoring periods and improvement of suppliers are preferred. The Gamma model and its suppliers jointly undertake corrective actions that have to be implemented within a defined time frame.Practical implicationsEstablishing criteria for an objective evaluation of suppliers could be directly or indirectly related to the quality of the final product, and greatly affects the same. This model has been effective for the identification of less performing suppliers that have to be subjected to improvement and audit plans.Originality/valueThis model allows the assignment of penalties or rewards, identifies which suppliers to direct audits and improvement plans, with which to end the relationship and with which to establish a relationship of integration and direct involvement.

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