The evaluation and selection of an optimal, efficient and reliable supplier is becoming more and more important for companies in today’s logistics and supply chain management. Decision-making in the supplier selection domain, as an essential component of the supply chain management, is a complex process since a wide range of diverse criteria, stakeholders and possible solutions are embedded into this process. This paper shows a fuzzy approach in multi – criteria decision-making (MCDM) process. Criteria weights have been determined by fuzzy SWARA (Step-wise Weight Assessment Ratio Analysis) method. Chosen methods, fuzzy TOPSIS (Technique for the Order Preference by Similarity to Ideal Solution), fuzzy WASPAS (Weighted Aggregated Sum Product Assessment) and fuzzy ARAS (Additive Ratio Assessment) have been used for evaluation and selection of suppliers in the case of procurement of THK Linear motion guide components by the group of specialists in the “Lagerton” company in Serbia. Finally, results obtained using different MCDM approaches were compared in order to help managers to identify appropriate method for supplier selection problem solving.
Manufacturing is a primary generator of wealth of the country and is essential for economic growth. Determination of the most suitable manufacturing process conditions for a given application is very complex task and requires consideration of a number of conflicting and diverse process performance characteristics (criteria). In this paper the application of a recent multi-criteria decision making (MCDM) method, i.e. weighted aggregated sum product assessment (WASPAS) for determination of manufacturing process conditions in laser cutting was discussed. Laser cutting experiment was conducted based on Taguchi's L 9 experimental design by varying the laser power, cutting speed, assist gas pressure and focus position at three levels. Based on obtained experimental results, a MCDM model consisting of nine alternatives and six criteria was defined. In order to determine the relative significance of considered criteria a pair-wise comparison matrix of the AHP method was used. Stability of the obtained ranking of alternatives was checked by varying values of coefficient of linear combination and by the application of operational competitiveness ratings analysis (OCRA) method.
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