scholarly journals Supplier selection in rubber industry using analytic network process (ANP) and technique for order preference methods by similarity to ideal solution

Author(s):  
Nurhayati Sembiring ◽  
Nazaruddin Matondang ◽  
Abdul Rozak Dalimunthe
Logistics ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 22
Author(s):  
Hisham Alidrisi

This paper presents a strategic roadmap to handle the issue of resource allocation among the green supply chain management (GSCM) practices. This complex issue for supply chain stakeholders highlights the need for the application of supply chain finance (SCF). This paper proposes the five Vs of big data (value, volume, velocity, variety, and veracity) as a platform for determining the role of GSCM practices in improving SCF implementation. The fuzzy analytic network process (ANP) was employed to prioritize the five Vs by their roles in SCF. The fuzzy technique for order preference by similarity to ideal solution (TOPSIS) was then applied to evaluate GSCM practices on the basis of the five Vs. In addition, interpretive structural modeling (ISM) was used to visualize the optimum implementation of the GSCM practices. The outcome is a hybrid self-assessment model that measures the environmental maturity of SCF by the coherent application of three multicriteria decision-making techniques. The development of the Basic Readiness Index (BRI), Relative Readiness Index (RRI), and Strategic Matrix Tool (SMT) creates the potential for further improvements through the integration of the RRI scores and ISM results. This hybrid model presents a practical tool for decision-makers.


Mathematics ◽  
2020 ◽  
Vol 9 (1) ◽  
pp. 68
Author(s):  
Chin-Tsai Lin ◽  
Cheng-Yu Chiang

Corrugated box printing machines are precision equipment produced by markedly few manufacturers. They involve high investment cost and risk. Having a corrugated box precision printing machine (CBPPM) supplier with a good reputation enables a corrugated box manufacturer to maintain its competitive advantage. Accordingly, establishing an effective CBPPM supplier selection model is crucial for corrugated box manufacturers. This study established a two-stage CBPPM supplier selection model. The first stage involved the use of a modified Delphi method to construct a supplier selection hierarchy with five criteria and 14 subcriteria. In the second stage, an analytic network process was employed to calculate the weights of criteria and subcriteria and to determine the optimal supplier. According to the results, the five criteria in the model, in descending order of importance, are quality, commitment, cost, service attitude, and reputation. This model can provide insights for corrugated box manufacturers formulating their CBPPM supplier selection strategy.


2015 ◽  
Vol 25 (3) ◽  
pp. 413-423 ◽  
Author(s):  
S.E. Omosigho ◽  
Dickson Omorogbe

Supplier selection is an important component of supply chain management in today?s global competitive environment. Hence, the evaluation and selection of suppliers have received considerable attention in the literature. Many attributes of suppliers, other than cost, are considered in the evaluation and selection process. Therefore, the process of evaluation and selection of suppliers is a multi-criteria decision making process. The methodology adopted to solve the supplier selection problem is intuitionistic fuzzy TOPSIS (Technique for Order Preference by Similarity to the Ideal Solution). Generally, TOPSIS is based on the concept of minimum distance from the positive ideal solution and maximum distance from the negative ideal solution. We examine the deficiencies of using only one metric function in TOPSIS and propose the use of spherical metric function in addition to the commonly used metric functions. For empirical supplier selection problems, more than one metric function should be used.


2020 ◽  
Vol 12 (10) ◽  
pp. 4044
Author(s):  
Marko Stokic ◽  
Davor Vujanovic ◽  
Dragan Sekulic

The efficient vehicle procurement is an important business segment of different companies with their own vehicle fleet. It has a significant influence on reducing transport and maintenance costs and on increasing the fleet’s energy efficiency. It is indispensable that managers consider various criteria from several aspects when procuring a vehicle. In that sense, we defined 13 relevant criteria and divided them into four multidisciplinary aspects: Construction-technical, financial, operational, and environmental. Decision-Making Trial and Evaluation Laboratory-Based Analytic Network Process (DANP) method was applied to evaluate the significance of defined criteria and aspects and their interdependency. It is established that the three most important criteria for vehicle procurement are vehicle price, vehicle maintenance, and vehicle selling price. The most important aspect is construction technical aspect, while the aspect of the environment is the least important. The Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method was used to rank eight different vehicles, which were considered by vehicle fleet manager at the observed company. This model assists fleet managers in the selection of the most suitable vehicle for procurement, while significantly reducing decision-making time and simultaneously observing all necessary criteria and their weights. Moreover, we have considered 10 different scenarios to establish whether and how the rank of the observed alternatives would change.


Author(s):  
Xiaoge Zhang ◽  
Yong Deng ◽  
Felix TS Chan ◽  
Andrew Adamatzky ◽  
Sankaran Mahadevan

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