A Decision Support Tool for Supplier Evaluation and Selection
The supplier selection process is considered one of the most relevant decisions in supply chain management due to its effect on the product quality and on buyer performance. Supplier selection is often unstructured, and is generally based on the lowest-price proposal. However, this type of selection...
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MDPI AG
2021
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oai:doaj.org-article:90375f3035ea46a68da42c0d7811fae82021-11-25T19:00:39ZA Decision Support Tool for Supplier Evaluation and Selection10.3390/su1322123872071-1050https://doaj.org/article/90375f3035ea46a68da42c0d7811fae82021-11-01T00:00:00Zhttps://www.mdpi.com/2071-1050/13/22/12387https://doaj.org/toc/2071-1050The supplier selection process is considered one of the most relevant decisions in supply chain management due to its effect on the product quality and on buyer performance. Supplier selection is often unstructured, and is generally based on the lowest-price proposal. However, this type of selection involves a high risk, sometimes resulting in project delays, poor quality of acquired goods, and large financial losses. Price is undoubtedly an important criterion when choosing a supplier; however, other equally important criteria must be considered. Therefore, supplier selection should be formulated as a multi-criteria decision-making (MCDM) problem. This study uses the PROMETHEE-GAIA (Preference Ranking Organization Method for Enrichment of Evaluations—Geometrical Analysis for Interactive Assistance) method to classify and select suppliers in an agrifood company. One of the advantages of this method is that it allows decision-makers to set their preferences considering all the relevant criteria simultaneously, and their relative importance. The case study demonstrates that PROMETHEE constitutes a flexible MCDM tool for supplier evaluation and selection, rank the different alternatives, and provide valuable insights. The results show that the supplier selection process has a strong point related to the existence of two groups of suppliers, one focused on economic criteria and other related to the innovative capacity. However, a flaw emerges, as little relevance is associated to the environmental criterion.Ana Paula LopesNuria Rodriguez-LopezMDPI AGarticlesupply chain managementmultiple criteria analysisPROMETHEE-GAIAdecision makinglogisticsEnvironmental effects of industries and plantsTD194-195Renewable energy sourcesTJ807-830Environmental sciencesGE1-350ENSustainability, Vol 13, Iss 12387, p 12387 (2021) |
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supply chain management multiple criteria analysis PROMETHEE-GAIA decision making logistics Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 |
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supply chain management multiple criteria analysis PROMETHEE-GAIA decision making logistics Environmental effects of industries and plants TD194-195 Renewable energy sources TJ807-830 Environmental sciences GE1-350 Ana Paula Lopes Nuria Rodriguez-Lopez A Decision Support Tool for Supplier Evaluation and Selection |
description |
The supplier selection process is considered one of the most relevant decisions in supply chain management due to its effect on the product quality and on buyer performance. Supplier selection is often unstructured, and is generally based on the lowest-price proposal. However, this type of selection involves a high risk, sometimes resulting in project delays, poor quality of acquired goods, and large financial losses. Price is undoubtedly an important criterion when choosing a supplier; however, other equally important criteria must be considered. Therefore, supplier selection should be formulated as a multi-criteria decision-making (MCDM) problem. This study uses the PROMETHEE-GAIA (Preference Ranking Organization Method for Enrichment of Evaluations—Geometrical Analysis for Interactive Assistance) method to classify and select suppliers in an agrifood company. One of the advantages of this method is that it allows decision-makers to set their preferences considering all the relevant criteria simultaneously, and their relative importance. The case study demonstrates that PROMETHEE constitutes a flexible MCDM tool for supplier evaluation and selection, rank the different alternatives, and provide valuable insights. The results show that the supplier selection process has a strong point related to the existence of two groups of suppliers, one focused on economic criteria and other related to the innovative capacity. However, a flaw emerges, as little relevance is associated to the environmental criterion. |
format |
article |
author |
Ana Paula Lopes Nuria Rodriguez-Lopez |
author_facet |
Ana Paula Lopes Nuria Rodriguez-Lopez |
author_sort |
Ana Paula Lopes |
title |
A Decision Support Tool for Supplier Evaluation and Selection |
title_short |
A Decision Support Tool for Supplier Evaluation and Selection |
title_full |
A Decision Support Tool for Supplier Evaluation and Selection |
title_fullStr |
A Decision Support Tool for Supplier Evaluation and Selection |
title_full_unstemmed |
A Decision Support Tool for Supplier Evaluation and Selection |
title_sort |
decision support tool for supplier evaluation and selection |
publisher |
MDPI AG |
publishDate |
2021 |
url |
https://doaj.org/article/90375f3035ea46a68da42c0d7811fae8 |
work_keys_str_mv |
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