An Integrative Multi Criteria Decision Making Techniques for Supplier Evaluation Problem with its Application

Fatrias, Dicky and Kamil, Insannul and Meilani, Difana (2017) An Integrative Multi Criteria Decision Making Techniques for Supplier Evaluation Problem with its Application. The 4th Asia Pacific Conference on Manufacturing Systems and the 3rd International Manufacturing Engineering Conference, 319. ISSN 1757-899X

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Abstract

Coordinating business operation with suppliers becomes increasingly important to survive and prosper under the dynamic business environment. A good partnership with suppliers not only increase efficiency, but also strengthen corporate competitiveness. Associated with such concern, this study aims to develop a practical approach of multi-criteria supplier evaluation using combined methods of Taguchi loss function (TLF), best-worst method (BWM) and VIse Kriterijumska Optimizacija kompromisno Resenje (VIKOR). A new framework of integrative approach adopting these methods is our main contribution for supplier evaluation in literature. In this integrated approach, a compromised supplier ranking list based on the loss score of suppliers is obtained using efficient steps of a pairwise comparison based decision making process. Implemetation to the case problem with real data from crumb rubber industry shows the usefulness of the proposed approach. Finally, a suitable managerial implication is presented.

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