Supplier Selection in Dynamic Environment using Analytic Hierarchy Process

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Author(s)

Prince Agarwal 1 Manjari Sahai 2 Vaibhav Mishra 3 Monark Bag 4,* Vrijendra Singh 3

1. HCL Technologies, Noida, Uttar Pradesh-201301, India

2. Denave India Pvt Ltd, Noida, Uttar Pradesh -201301, India

3. Indian Institute of Information Technology Allahabad, Uttar Pradesh -211012, India

4. Institute of Rural Management Anand, Gujarat-388001, India

* Corresponding author.

DOI: https://doi.org/10.5815/ijieeb.2014.04.03

Received: 26 Mar. 2014 / Revised: 2 May 2014 / Accepted: 20 Jun. 2014 / Published: 8 Aug. 2014

Index Terms

Supplier Selection, Multi-Attribute Decision Making, Analytic Hierarchy Process (AHP), Procurement Strategy, Priority Weights

Abstract

In today’s highly competitive business environment, the rapidly changing customer demands and with the advent of enterprise wide information systems, the managers are bound to think beyond the conventional business processes and devise new ways to squeeze out costs and improve the performance without compromising on the quality at the same time. Supplier evaluation and selection is one such area which determines the success of any manufacturing firm. Supplier selection is the problem wherein the company decides which vendor to select to have that strategic and operational advantage of meeting the customers’ varying demands and fight the fierce competition. This paper presents a simple model based on Analytic Hierarchy Process (AHP) to help decision makers in supplier evaluation and selection, taking into account the firm’s requirements. The article is intended to help new scholars and researchers understand the AHP model and see different facets in first sight.

Cite This Paper

Prince Agarwal, Manjari Sahai, Vaibhav Mishra, Monark Bag, Vrijendra Singh, "Supplier Selection in Dynamic Environment using Analytic Hierarchy Process", International Journal of Information Engineering and Electronic Business(IJIEEB), vol.6, no.4, pp.20-26, 2014. DOI:10.5815/ijieeb.2014.04.03

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