Vendor selection by integrated fuzzy MCDM techniques with independent and interdependent relationships

Yang, Jiann Liang; Chiu, Huan Neng; Tzeng, Gwo‐Hshiung; Yeh, Ruey Huei

doi:10.1016/j.ins.2008.06.003

Cited by 208 publications

(110 citation statements)

References 40 publications

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“…Ng [37] constructed a simple and effective supplier evaluation model to deal with problems of supplier selection with supply variety, quality, delivery, and price as the evaluation criteria. Shemshadi et al [17], Chen et al [5], Boran et al [12], and Yang et al [10] identified product quality, effort to establish cooperation, the supplier's technical level, delay on delivery, price/cost, profitability of supplier, relationship closeness, technological capability, conformance quality, conflict resolution, delivery performance, supplier profile, and risk as factors for determining the best supplier. Chen and Kumar [38] established an evaluation model to obtain the best supplier with the result to be given to a company as a strategy reference.…”

Section: Criteria For Fishmeal Supplier Selectionmentioning

confidence: 99%

Fishmeal Supplier Evaluation and Selection for Aquaculture Enterprise Sustainability with a Fuzzy MCDM Approach

Chen

Mao

et al. 2017

Symmetry

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Abstract:In the aquaculture industry, feed that is of poor quality or nutritionally imbalanced can cause problems including low weight, poor growth, poor palatability, and increased mortality, all of which can induce a decrease in aquaculture production. Fishmeal is considered a better source of protein and its addition as an ingredient in the aquafeed makes aquatic animals grow fast and healthy. This means that fishmeal is the most important feed ingredient in aquafeed for the aquaculture industry. For the aquaculture industry in Taiwan, about 144,000 ton/USD $203,245,000 of fishmeal was imported, mostly from Peru, in 2016. Therefore, the evaluation and selection of fishmeal suppliers is a very important part of the decision-making process for a Taiwanese aquaculture enterprise. This study constructed a multiple criteria decision-making evaluation model for the selection of fishmeal suppliers using the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) approach based on the weights obtained with the entropy method in a fuzzy decision-making environment. This hybrid approach could effectively and conveniently measure the comprehensive performance of the main Peruvian fishmeal suppliers for practical applications. In addition, the results and processes described herein function as a good reference for an aquaculture enterprise in making decisions when purchasing fishmeal.

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Section: Criteria For Fishmeal Supplier Selectionmentioning

confidence: 99%

Fishmeal Supplier Evaluation and Selection for Aquaculture Enterprise Sustainability with a Fuzzy MCDM Approach

Chen

Mao

et al. 2017

Symmetry

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“…The vendor selection problem is an unstructured, complicated and multi criteria decision making problem. The method MOORA is applied to solve a vendor selection problem cited from Yang et al (2008). Five vendors (V 1 , V 2 , V 3 , V 4 and V 5 ) are screened out for evaluation purpose.…”

Section: Vendor Selection (Example 2)mentioning

confidence: 99%

A MOORA based fuzzy multi-criteria decision making approach for supply chain strategy selection

Dey¹,

Bairagi²,

Sarkar³

et al. 2012

ijiec

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To acquire the competitive advantages in order to survive in the global business scenario, modern companies are now facing the problems of selecting key supply chain strategies. Strategy selection becomes difficult as the number of alternatives and conflicting criteria increases. Multi criteria decision making (MCDM) methodologies help the supply chain managers to take a lead in a complex industrial set-up. The present investigation applies fuzzy MCDM technique entailing multi-objective optimization on the basis of ratio analysis (MOORA) in selection of alternatives in a supply chain. The MOORA method is utilized to three suitable numerical examples for the selection of supply chain strategies (warehouse location selection and vendor/supplier selection). The results obtained by using current approach almost match with those of previous research works published in various open journals. The empirical study has demonstrated the simplicity and applicability of this method as a strategic decision making tool in a supply chain.

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“…Vivek et al [21] To establish changing emphasis of the core, transactional and relational specificity constructs in offshoring alliances. Yang et al [22] To study the relationships among the sub-criteria and use integrated fuzzy MCDM techniques to study the vendor selection problem. Wang et al [23] To analyze the interactions among the barriers to energy-saving projects in China.…”

Section: Authors Theories or Applicationsmentioning

confidence: 99%

An Integrated Multi-Criteria Decision Making Model for Evaluating Wind Farm Performance

et al. 2011

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Abstract:The demands for alternative energy resources have been increasing exponentially in the 21st century due to continuous industrial development, depletion of fossil fuels and emerging environmental consciousness. Renewable energy sources, including wind energy, hydropower energy, geothermal energy, solar energy, biomass energy and ocean power, have received increasing attention as alternative means of meeting global energy demands. After Japan's Fukushima nuclear plant disaster in March 2011, more and more countries are having doubt about the safety of nuclear plants. As a result, safe and renewable energy sources are attracting even more attention these days. Wind energy production, with its relatively safer and positive environmental characteristics, has evolved in the past few decades from a marginal activity into a multi-billion dollar industry. In this research, a comprehensive evaluation model is constructed to select a suitable location for developing a wind farm. The model incorporates interpretive structural modeling (ISM), benefits, opportunities, costs and risks (BOCR) and fuzzy analytic network process (FANP). Experts in the field are invited to contribute their expertise in evaluating the importance of the factors and various aspects of the wind farm evaluation OPEN ACCESSEnergies 2011, 4 2003 problem, and the most suitable wind farm can finally be generated from the model. A case study is carried out in Taiwan in evaluating the expected performance of several potential wind farms, and a recommendation is provided for selecting the most appropriate wind farm for construction.

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Vendor selection by integrated fuzzy MCDM techniques with independent and interdependent relationships

Cited by 208 publications

References 40 publications

Fishmeal Supplier Evaluation and Selection for Aquaculture Enterprise Sustainability with a Fuzzy MCDM Approach

Fishmeal Supplier Evaluation and Selection for Aquaculture Enterprise Sustainability with a Fuzzy MCDM Approach

A MOORA based fuzzy multi-criteria decision making approach for supply chain strategy selection

An Integrated Multi-Criteria Decision Making Model for Evaluating Wind Farm Performance

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