A Decision-making Model for Supplier Selection in Indian Pharmaceutical Organizations

2019 ◽  
Vol 21 (3) ◽  
pp. 351-371
Author(s):  
Anirban Ganguly ◽  
Chitresh Kumar ◽  
Debdeep Chatterjee
Keyword(s):  
Decision Making ◽  
Supplier Selection ◽  
Selection Process ◽  
Selection Strategy ◽  
Managerial Decision ◽  
Analytic Hierarchy ◽  
Multi Criteria Evaluation ◽  
Tremendous Amount ◽  
Decision Making Model ◽  
Hierarchy Process

Supplier selection is the process by which firms identify, evaluate and contract with suppliers. The supplier selection process deploys a tremendous amount of a firm’s operational and financial resources and is considered as an important determinant of the success of its supply chain. In spite of being strategically important to organizations, the decision for supplier selection is often complex and unstructured. Furthermore, it is inherently a multi-criterion decision-making (MCDM) problem, which pertains to structuring and solving decision problems involving multiple criteria. The paper provides a framework to analyze and evaluate supplier selection in Indian pharmaceutical sector (IPS) using MCDM technique of fuzzy analytic hierarchy process. It intends to improve managerial decision-making in the IPS in developing a supplier selection strategy based on multi-criteria evaluation technique.

Multi-criteria decision making for supplier selection using fuzzy AHP approach

2015 ◽  
Vol 22 (6) ◽  
pp. 1158-1174 ◽  
Author(s):  
Vinod Yadav ◽  
Milind Kumar Sharma
Keyword(s):  
Decision Making ◽  
Automobile Industry ◽  
Supplier Selection ◽  
Selection Process ◽  
Fuzzy Ahp ◽  
Selection Model ◽  
Multi Criteria Decision Making ◽  
Analytic Hierarchy ◽  
Content Type ◽  
Hierarchy Process

Purpose – The purpose of this paper is to propose a multi-criteria supplier selection model using fuzzy analytical hierarchy process (FAHP) approach for a leading automobile company in India. Design/methodology/approach – FAHP approach followed by a sensitivity analysis has been used. Findings – In this study, a FAHP-based supplier selection model is proposed to provide useful insights in choosing appropriate suppliers in dynamic situations in order to enhance long-term relationship with them. Practical implications – This study proposes a supplier selection model for an automobile industry which often faces heterogeneous supply environments. This model may have a high acceptability where a large number of suppliers are available to supply the materials or provide the services. As analytic hierarchy process is the most widely used methodology for supplier selection, however, it becomes less efficient in case of inconsistencies observed in the data. However a FAHP-based approach may overcome this difficulty. Originality/value – It contributes to supplier selection process and points out the importance of supplier selection problem, especially in the context of multi-criteria decision-making in Indian scenario.

Utilizing analytic hierarchy process for improved decision making within supply chains

2008 ◽  
Vol 27 (1) ◽  
pp. 49-62
Author(s):  
Sameer Kumar ◽  
John Bisson
Keyword(s):  
Analytic Hierarchy Process ◽  
Global Economy ◽  
Supplier Selection ◽  
Selection Process ◽  
Decision Support Tool ◽  
Data Availability ◽  
Analytic Hierarchy ◽  
Support Tool ◽  
Device Manufacturer ◽  
Hierarchy Process

With a growing global economy and competition and increased outsourcing, the supplier selection process has gained more focus and importance within many business enterprises for developing an integrated supply network. Analytic Hierarchy Process (AHP) has been identified as an ideal multi-objective decision support tool to assist firms in completing the supplier selection process as part of strengthening their procurement strategies. This paper involved secondary research methods to gain an understanding of AHP, its various applications, and exploration of how to incorporate non-traditional selection criteria such as environmental criterion into the process. AHP's application for optimal supplier selection to support integrated procurement process is illustrated through an example of a Medical Device Manufacturer (MDM), known for established supplier-customer partnerships and alliances. Major limitation in studying this example included data availability to complete a comprehensive AHP decision management model. However, it was found that AHP is a powerful, structured but flexible method of addressing the multi-criteria supplier selection decision that facilitates building an integrated supply chain.

Decision-Making Model for Convention Site Selection

2012 ◽  
Vol 538-541 ◽  
pp. 895-900 ◽  
Author(s):  
Han Chen Huang
Keyword(s):  
Decision Making ◽  
Site Selection ◽  
Political Conflict ◽  
Decision Makers ◽  
City Image ◽  
Analytic Hierarchy ◽  
Number Of Factors ◽  
Decision Making Model ◽  
Hierarchy Process

A number of factors must be considered when selecting a convention site. Typically, most selections are based on the decision makers’ knowledge and experience, which may lead to biased decisions based on the decision makers’ subjective judgment. This study establishes decision-making evaluation factors and attributes for convention site selection based on a literature review. After surveying experts’ opinions using questionnaires, we employed the fuzzy analytic hierarchy process (FAHP) to analyze the weighting of the factors and attributes. The results show that of the five evaluation factors, site environment is the most important, followed by meeting and accommodation facilities, local support, extraconference opportunities, and costs. Additionally, the five most important attributes among the 20 evaluation attributes are the suitability of convention facilities, suitability and quality of local infrastructure, climate, city image, and political conflict or terrorist threats.

scholarly journals Construction of capital procurement decision making model to optimize supplier selection using Fuzzy Delphi and AHP-DEMATEL

2018 ◽  
Vol 25 (5) ◽  
pp. 1528-1547 ◽  
Author(s):  
Anil Kumar ◽  
Amit Pal ◽  
Ashwani Vohra ◽  
Sachin Gupta ◽  
Suryakant Manchanda ◽  
...  
Keyword(s):  
Decision Making ◽  
Automobile Industry ◽  
Supplier Selection ◽  
Selection Process ◽  
Strategic Decision ◽  
Extensive Literature ◽  
Content Type ◽  
Fuzzy Delphi ◽  
Selection For ◽  
Decision Making Model

Purpose Supplier selection for capital procurement is a major strategic decision for any automobile company. The decision determines the success of the company and must be taken systematically with the utmost transparency. The purpose of this paper is to construct capital procurement decision-making model to optimize supplier selection in the Indian automobile industry. Design/methodology/approach To achieve the stated objective, a combined approach of fuzzy theory and AHP-DEMATEL is applied. Evaluation parameters are identified through an extensive literature review and criteria validation has been introduced through a Fuzzy Delphi method by using fuzzy linguistic scales to handle the vagueness of information. AHP is employed to find the priority weight of criteria, although an inter-relationship map among criteria is not possible through AHP alone since it considers all criteria as independent. To overcome this, DEMATEL is used to establish cause-effect relationships among criteria. Findings The results show that the total cost of ownership (TOC) is the first weighted criterion in supplier selection for capital procurement, followed by manufacturing flexibility and maintainability, then conformity with requirement. The cause-effect model shows that supplier profile, TOC, service support and conformity with requirement are in the cause group and are considered to be the most critical factors in selecting the supplier. Originality/value The study’s outcome can help the automobile industry to optimize their selection process in selecting their suppliers for capital procurement; the proposed model can provide guidelines and direction in this regard.

scholarly journals DISMISSAL: IMPORTANT CRITERIA IN MANAGERIAL DECISION-MAKING

2018 ◽  
Vol 58 (2) ◽  
pp. 116-129
Author(s):  
FABRICIO STOCKER ◽  
EDUARDO GUEDES VILLAR ◽  
KARINA DE DÉA ROGLIO ◽  
GUSTAVO ABIB
Keyword(s):  
Decision Making ◽  
Analytic Hierarchy Process ◽  
Interpersonal Relationship ◽  
Growth Potential ◽  
Professional Experience ◽  
Managerial Decision ◽  
Analytic Hierarchy ◽  
Managerial Decision Making ◽  
Abstract Knowledge ◽  
Hierarchy Process

ABSTRACT Knowledge about dismissal decision-making, particularly concerning the criteria used by managers in choosing who will be dismissed and why, is scarce. Considering the implications of such decisions for organizations and society, in this paper, we identify the seven most frequently used criteria in dismissal decisions and examine their importance for managers. We collected data through a survey among 385 managers and used the rational ranking and the multicriteria Analytic Hierarchy Process (AHP) to analyze them. The results show that commitment, performance records, and trust have the greatest impact on the dismissal decision, whereas interpersonal relationship, growth potential, and professional experience are considered secondary criteria. These results contribute to extending our knowledge about dismissal decisions and showing the most relevant criteria in these choices and the relevance assigned to each of the criteria so that greater transparency can be achieved.

scholarly journals A Study of Multicriteria Decision Making for Supplier Selection in Automotive Industry

2013 ◽  
Vol 2013 ◽  
pp. 1-22 ◽  
Author(s):  
Nadia Jamil ◽  
Rosli Besar ◽  
H. K. Sim
Keyword(s):  
Decision Making ◽  
Analytical Hierarchy Process ◽  
Supplier Selection ◽  
Selection Process ◽  
Multicriteria Decision Making ◽  
Ideal Solution ◽  
Fuzzy Analytical Hierarchy Process ◽  
Automotive Manufacturing ◽  
Multicriteria Decision ◽  
Hierarchy Process

This paper is designed to present the effectiveness of group multicriteria decision making in automotive manufacturing company focusing on the selection of suppliers in Malaysia. The process of selecting suppliers is one of the most critical and challenging endeavor in any supply chain management. There are five decision making tools being analyzed in this study, namely, analytical hierarchy process (AHP), fuzzy analytical hierarchy process (FAHP), technique for order performance by similarity to ideal solution (TOPSIS), fuzzy technique for order performance by similarity to ideal solution (FTOPSIS), and fuzzy analytical hierarchy process integrated with fuzzy technique for order performance by similarity to ideal solution (FAHPiFTOPSIS). The scores of ranking among the suppliers in each MCDM tools (AHP, FAHP, TOPSIS, FTOPSIS, and FAHPiFTOPSIS) show significantly comparable variation. Scores of the best supplier is then compared to the lowest supplier for all MCDM tools whereby this reflects that the highest percentage goes to TOPSIS with scoring of 79.37%. On the contrary, FAHPiFTOPSIS demonstrated the lowest score variation of 22.42% which indicates that FAHPiFTOPSIS is able to eliminate biasness in supplier selection process.

Service Supplier Selection using Analytic Hierarchy Process

2016 ◽  
Vol 5 (3) ◽  
Author(s):  
Surajit Bag
Keyword(s):  
Analytic Hierarchy Process ◽  
Supplier Selection ◽  
Selection Criteria ◽  
Selection Process ◽  
Alternative Methods ◽  
Analytic Hierarchy ◽  
Research Directions ◽  
Hierarchy Process

This paper argues the use of Analytic Hierarchy Process in service supplier selection process. The literature has evidence of important criteria for supply supplier selection process. However, there is a dearth of studies on service supplier selection process. To address this gap, this paper firstly systematically reviews the existing procurement literature, secondly, it argues for the use of alternative methods research to address questions related to ranking of selection criteria, and thirdly, it proposes and illustrates the use of Analytic Hierarchy Process to analyze the identified criteria. The paper concludes with limitations and further research directions.

scholarly journals The Model of Support for the Decision-Making Process, While Organizing Dredging Works in the Ports

Energies ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 2706
Author(s):  
Adam Kaizer ◽  
Tomasz Neumann
Keyword(s):  
Decision Making ◽  
Computer Program ◽  
Priority Queue ◽  
Multiple Criteria ◽  
Decision Making Process ◽  
Analytic Hierarchy ◽  
Port Area ◽  
Decision Making Model ◽  
Hierarchy Process ◽  
Expert Study

The aim of the research was to create a decision-making model, which would be able to support planning, organizing and conducting the dredging works in the port area. The proposed solution is a multiple element system which enables to verify, in a comprehensive way, the majority of the aspects determining the quality and the time of dredging enterprise realization. The paper presents an original approach to the decision-making process during the organization of dredging works, using the computer program. In order to achieve the main goal of the study, the conditions of dredging works were considered. Furthermore, the factors that have an influence on the schedule of the project were evaluated and algorithms, as well as process organization schemes, were developed. If it is not enough, the decision models corresponding to the discussed issue were analysed and the computer program was created. And last but not the least, the proposed project and equipment were verified using a simulation model. While creating this model, the method of multiple criteria AHP (Analytic Hierarchy Process) decision support was used. Moreover, the mass service model with the priority queue regulations, the expert study, and statistical analysis of the traffic flow, were provided. The model was developed in reliance to multiple criteria studies, based on the opinions of multinational experts. These enabled to adjust each element of the system in accordance with various locations. As a result of the research, the following thesis has been proven, that detailed analysis of the conditions of dredging works and taking into account the received conclusions enables to reduce the costs and shorten the time of dredging projects realizations.

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