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Supplier selection and evaluation using multicriteria decision analysis

Kartsonakis Efstratios, Grigoroudis Evangelos, Neofytou Michalis

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URI: http://purl.tuc.gr/dl/dias/1A02A347-A22C-465F-91EA-A2B9619108FB
Year 2017
Type of Item Conference Short Paper
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Bibliographic Citation S. Kartsonakis, E. Grigoroudis and M. Neofytou, "Supplier selection and evaluation using multicriteria decision analysis," in 8th International Conference on Information and Communication Technologies in Agriculture, Food and Environment, 2017, pp. 255-260.
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Summary

The supplier selection and evaluation is a very sensitive and crucial process for all companies and organizations. The supplier nowadays functions as an associate partner and the relationship between him and the company must be based on a mutual trust. Despite this fact the main method of selecting a supplier is depending on the cost neglecting other important factors. This paper presents a new method based on the multicriteria decision analysis and gives a new dynamic perspective to the problem with emphasis to on a continuous evaluation process to the problem. The proposed model was implemented in a food industry and the results are being discussed.

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