A MCDM Approach for Supplier Selection Process: A Pilot Study from Iran

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Abstract

This paper utilized TOPSIS method to implement and select a proper supply chain management system (SCMs). SCM selection was figured out and evaluated by applying multi-criteria decision-making (MCDM) methods. The study employed an evaluation methodology based on the technique for order preference by similarity to ideal solution (TOPSIS). The supplier selection problem is solved utilizing the TOPSIS method and then it was used to determine the weights of all criteria by considering the effects of interference and the relationships among the selection criteria. The current methodology provided a proper and easy ranking system of supplier variables using a TOPSIS method which was considered as the ultimate goal of any effective SCM system and was clarified with a numerical example.

Description

Keywords

Ranking (Information Retrieval), Topsis, Multiple-Criteria Decision Analysis, Selection (Genetic Algorithm), Ideal Solution

Fields of Science

0202 electrical engineering, electronic engineering, information engineering, 02 engineering and technology

Citation

WoS Q

Scopus Q

Volume

4

Issue

Start Page

129

End Page

134

Collections

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