A Vendor's Evaluation–using Ahp for an Indian Steel Pipe Manufacturing Company

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in ABSTRACTTo improve a firm's supply chain performance it is essential to have a vendor evaluation process to be able to showcase an organization's success in the present aggressive market. Hence, the process of evaluating the vendor is a crucial task of the purchasing executives in supply chain management. The objective of this research is to propose a methodology to evaluate the vendors for a steel pipe manufacturing firm in Gujarat, India. For the purpose of the study, the Analytical Hierarchy Process was used to evaluate the best raw material vendor for this company. Multiple qualitative and quantitative criteria are involved in the vendor evaluation process. To solve the complex problem of vendor evaluation, a tradeoff between these multi-criteria is important. The outcomes indicated that the AHP technique makes it simpler to assign weights for the different criteria for evaluating the vendor. Research findings showed that quality is the most important criterion followed by delivery, cost and vendor relationship management.

Vendor Selection by Analytic Hierarchy Process (AHP) in Livestock Trading Ecosystem

“…Vendor selection as a process is very tiring & complex task as it has many variables which are taken into consideration for the selection of vendor (KAMATH et al, 2016). Supplier selection starts with criteria selection that should be used for the selection of supplier.…”

“…In order to sustain in this market which is vey competitive the buyer must be provided with adequate cost, quality standard must be met & satisfying service which meets the goal (KAMATH et al, 2016) (Carolina, 1996). Vendor selection becomes a problem when it involves multiple criteria both tangible & intangible (KAMATH et al, 2016). "For supplier selection problem are better dealt with multiple criteria decision making because it enables to overcome the contradicting criteria affecting most in the selection procedure.…”

“…Many survey and research has stated which types of criteria are considered while selection of a particular kind of breed of livestock (Paakala et al, 2020). As suggested by Kamath(2016) for selection of vendor from group of criteria, the criteria which are important like low price, delivery time & quality are considered by many researchers (KAMATH et al, 2016). Under the Economy criteria net price, transportation cost and payment terms are the sub-criteria.…”