2000
DOI: 10.1108/13598540010320009
|View full text |Cite
|
Sign up to set email alerts
|

An optimization approach to determining the number of vendors to employ

Abstract: Presents an approach for evaluating the number of vendors to employ in a procurement situation using multi‐objective programming (MOP) and data envelopment analysis (DEA). The approach advocates developing vendor‐order quantity solutions (referred to as supervendors) using MOP and then evaluating the efficiency of these supervendors on multiple criteria using DEA. Formulations are presented for both the MOP and DEA models. A case study is presented for a Fortune 500 company in a just‐in‐time (JIT) manufacturin… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
121
0
5

Year Published

2009
2009
2024
2024

Publication Types

Select...
5
4

Relationship

0
9

Authors

Journals

citations
Cited by 279 publications
(126 citation statements)
references
References 14 publications
0
121
0
5
Order By: Relevance
“…Weber [20] combined a multi-objective programming (MOP) and DEA method to provide buyers with a tool for negotiating with vendors that were not selected right away, as well as to evaluate potential suppliers. Ha [21] outlined a hybrid method, which incorporates multiple techniques like AHP, DEA and neural network(NN) into an evaluation process, in order to select competitive suppliers in a supply chain.…”
Section: Dea Methods For Supplier Selectionmentioning
confidence: 99%
“…Weber [20] combined a multi-objective programming (MOP) and DEA method to provide buyers with a tool for negotiating with vendors that were not selected right away, as well as to evaluate potential suppliers. Ha [21] outlined a hybrid method, which incorporates multiple techniques like AHP, DEA and neural network(NN) into an evaluation process, in order to select competitive suppliers in a supply chain.…”
Section: Dea Methods For Supplier Selectionmentioning
confidence: 99%
“…Internal policy constraints exist either implicitly or explicitly in the buying process for such matters as the number of suppliers to employ, minimum and maximum order quantities and so on. Similarly, suppliers may impose constraints on the buying process such as their own minimum order quantities or a maximum order quantity based on their production capacity or their willingness to do business with a particular firm (Weber, Current & Desai 2000a). Moreover, the involvement of organizations external to a buying or supplying company is important for the decision process.…”
Section: Outsourcingmentioning
confidence: 99%
“…Therefore, a key and strategic issue that purchasing must address is effective management of the supplier network for achieving competitive advantage including identification of supplier selection criteria, supplier selection decisions and monitoring of supplier performance (Karpak, Kasuganti & Kumcu 1999). In this respect, the effective selection of suppliers is very important to the success of a firm in achieving high quality products and customer satisfaction (Humphreys, Mak & Yeung 1998;Weber, Current & Desai 2000a). …”
Section: Outsourcingmentioning
confidence: 99%
“…In the domain of quantitative techniques, A series of research papers [3][4][5] had published which addressed to solve cost based optimization problem. Research paper [23] had improvised the previous paper as in [22] and developed a multi objective programming model to fix number of suppliers/vendors. Though the list of such researches is wide and the techniques range from linear programming to highly complex mathematical modelling are often found to be NP hard.…”
Section: Literature Surveymentioning
confidence: 99%