evolving trends of supplier selection criteria and methods

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2011
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Abstract
The increasing importance of supply chain management (SCM) is forcing organisations to reconsider and improvise their purchasing-related matters. In lieu of that, the supplier selection process plays an important role in purchasing activity. The supplier selection process has undergone significant changes in the past forty years. These changes have been beneficial to both the purchasing clients and the suppliers. The supplier selection decision making process involves multiple criteria comprising both qualitative and quantitative aspects. Sometimes, there might be some contradictions between tangible and intangible criteria which may necessitate a trade-off between conflicting criteria. This paper provides an overall picture of research on supplier selection problems and supplier selection practices. Different selection criteria, emerging issues of supplier selection and the solutions for these problems are summarised. This review shows that the application of a structured decision making technique is important, especially under the complex conditions that include both qualitative and quantitative criteria.
Reference Key
tookey2011internationalevolving Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors ;J.E. Tookey;S. Thiruchelvam
Journal journal of marine science and engineering
Year 2011
DOI
DOI not found
URL
http://ijame.ump.edu.my/images/Volume_4/8_Thiruchelvam%20and%20Tookey.pdf
Keywords
Mechanical engineering and machinery decision making criteria method

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