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Authors
Affiliations
1 Department of Mechanical Engineering, YMCAUST, Faridabad (Haryana), IN
Source
Invertis Journals of Science & Technology, Vol 8, No 2 (2015), Pagination: 95-100
Abstract
Supplier selection represents one of the most important processes for an effective inventory management. Vendor selection is a complicated process. This process needs evaluation of multiple criteria and various constraints associated with them. The work represents the systematic identification of the important criteria for supplier selection process. In addition, the results exhibit the application of development of a decision model for evaluation and selection of suppliers with proposed AHP model, which by scoring the performance of suppliers is able to reduce the time taken to select a vendor. This paper is about providing the service to the customers in the material distribution system with the help of supply chain management and an investigation base for further research. Supplier and Distributor both are playing the significant role for enhancing manufacturing supply chain performance. The supply chain manager should identify the criticality of distributors and supplier in manufacturing supply chain management and understand the impact of each critical Success Factor on effective supply chain management. Therefore, a complete and structured methodology is proposed for analysing CSFs in manufacturing supply chain management. The application of decision framework has been demonstrated with an Indian case situation. Findings demonstrate that the decision framework can be useful to all manufacturing firms for prioritizing CSFs of supply chain management.
Keywords
Supply Chain Management, Vendor Selection, Analytical Hierarchy Process, Supplier Evaluation, Critical Success Factors.
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