Supplier’s total cost of ownership evaluation: a data envelopment analysis approach

Visani, Franco; Barbieri, Paolo; Lascio, F. Marta L. Di; Raffoni, Anna; Vigo, Daniele

doi:10.1016/j.omega.2015.08.001

Cited by 30 publications

(35 citation statements)

References 69 publications

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“…(Zhu et., 2012, Govindan et al, 2015 -Cost-based approaches predict that the supplier's selection decision can not only rely on static performance elements but can also consider the effects of decision-making (e.g., delivery date or lot sizing) on process costs. (Ellram, 1995, Woodward, 1997, Visani, et al, 2016 The identified requirements are summarized in Figure 2. available that address evaluation methods developed to support or to be applied to supplier evaluation.…”

Section: Criteria Of Supplier Evaluationmentioning

confidence: 99%

Inventory-related costs in green supplier selection problems with Data Envelopment Analysis (DEA)

Dobos

Vörösmarty

2019

International Journal of Production Economics

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Section: Criteria Of Supplier Evaluationmentioning

confidence: 99%

Inventory-related costs in green supplier selection problems with Data Envelopment Analysis (DEA)

Dobos

Vörösmarty

2019

International Journal of Production Economics

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“…BPA emphasises the use of multiple analytical methods related to mathematics, statistics and econometrics to support the control of business dynamics. BPA provides insights on the critical variables underlying the organization's performance model, as well as the opportunities/threats emerging from strategic uncertainties, such as market and competitor dynamics, R&D and innovation (May 2009), human resources (Davenport, Harris and Shapiro 2010;Lanzarone, Matta, and Scaccabarozzi 2010), marketing and supply chain management (Trkman et al 2010;Visani et al 2016;Wang et al 2016).…”

Section: From Business Analytics To Business Performance Analyticsmentioning

confidence: 99%

Business Performance Analytics: exploring the potential for Performance Management Systems

Raffoni

Visani

Bartolini

et al. 2017

Production Planning & Control

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Business Performance Analytics (BPA) entails the systematic use of data and analytical methods (mathematical, econometric, statistical) for performance measurement and management. Although potentially overcoming some traditional diagnostic issues related to Performance Management Systems (PMS), such as information overload, absence of cause-effect relationships, lack of a holistic view of the organization, research in the field is still in its infancy. A comprehensive model for operationalising analytics for diagnostic and interactive PMS is still lacking. Adopting an action research approach, this paper addresses this gap and develops a five-step framework applied to a company operating in the construction industry. The results show that in addition to encouraging dialogue, BPA can contribute to identifying critical performance variables, potential sources of risk and related interdependencies. A number of critical issues in implementing data-based approaches are also highlighted including data quality, organizational competences and cultural shifts.

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“…Attention should be drawn to the latest applications of the DEA method. These applications include the total cost of ownership (TCO) model, based on DEA, which was created by the authors [81]. This model has proven to be an excellent approximation of the TCO model in the supply management field.…”

Section: Literature Reviewmentioning

confidence: 99%

Comparison of the Results of a Data Envelopment Analysis Model and Logit Model in Assessing Business Financial Health

Horváthová

Mokrišová

2020

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This paper focuses on business financial health evaluation with the use of selected mathematical and statistical methods. The issue of financial health assessment and prediction of business failure is a widely discussed topic across various industries in Slovakia and abroad. The aim of this paper was to formulate a data envelopment analysis (DEA) model and to verify the estimation accuracy of this model in comparison with the logit model. The research was carried out on a sample of companies operating in the field of heat supply in Slovakia. For this sample of businesses, we selected appropriate financial indicators as determinants of bankruptcy. The indicators were selected using related empirical studies, a univariate logit model, and a correlation matrix. In this paper, we applied two main models: the BCC DEA model, processed in DEAFrontier software; and the logit model, processed in Statistica software. We compared the estimation accuracy of the constructed models using error type I and error type II. The main conclusion of the paper is that the DEA method is a suitable alternative in assessing the financial health of businesses from the analyzed sample. In contrast to the logit model, the results of this method are independent of any assumptions.

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Supplier’s total cost of ownership evaluation: a data envelopment analysis approach

Cited by 30 publications

References 69 publications

Inventory-related costs in green supplier selection problems with Data Envelopment Analysis (DEA)

Inventory-related costs in green supplier selection problems with Data Envelopment Analysis (DEA)

Business Performance Analytics: exploring the potential for Performance Management Systems

Comparison of the Results of a Data Envelopment Analysis Model and Logit Model in Assessing Business Financial Health

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