A multi-criteria decision making approach for supplier selection in the flexible packaging industry
The supplier selection problem represents one of the most important components of the supply chain management. This article presents a multiple criteria decision making analysis contributing to the selection of the most convenient supplier in the flexible packaging industry. Due to the fact that in...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2017-01-01
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| Series: | MATEC Web of Conferences |
| Online Access: | http://dx.doi.org/10.1051/matecconf/20179406002 |
| _version_ | 1818954379856707584 |
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| author | Cristea Ciprian Cristea Maria |
| author_facet | Cristea Ciprian Cristea Maria |
| author_sort | Cristea Ciprian |
| collection | DOAJ |
| description | The supplier selection problem represents one of the most important components of the supply chain management. This article presents a multiple criteria decision making analysis contributing to the selection of the most convenient supplier in the flexible packaging industry. Due to the fact that in today's supply chain management, the performance of potential suppliers is evaluated against multiple criteria rather than taking into account only the cost factor, the appropriate criteria in the supplier selection have been identified, and the considered variants are assessed, considering the decision maker’s preferences and existing constraints. The variants are ranked in terms of their suitability for selecting a supplier with the use of Electre III method. The results obtained from the simulation experiment suggest that this methodology is a feasible decision support model. |
| first_indexed | 2024-12-20T10:21:14Z |
| format | Article |
| id | doaj.art-8c8835e41d5744d190280f2a5c5b32c3 |
| institution | Directory Open Access Journal |
| issn | 2261-236X |
| language | English |
| last_indexed | 2024-12-20T10:21:14Z |
| publishDate | 2017-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | MATEC Web of Conferences |
| spelling | doaj.art-8c8835e41d5744d190280f2a5c5b32c32022-12-21T19:43:55ZengEDP SciencesMATEC Web of Conferences2261-236X2017-01-01940600210.1051/matecconf/20179406002matecconf_cosme2017_06002A multi-criteria decision making approach for supplier selection in the flexible packaging industryCristea Ciprian0Cristea Maria1Faculty of Electrical Engineering, Technical University of Cluj-NapocaFaculty of Electrical Engineering, Technical University of Cluj-NapocaThe supplier selection problem represents one of the most important components of the supply chain management. This article presents a multiple criteria decision making analysis contributing to the selection of the most convenient supplier in the flexible packaging industry. Due to the fact that in today's supply chain management, the performance of potential suppliers is evaluated against multiple criteria rather than taking into account only the cost factor, the appropriate criteria in the supplier selection have been identified, and the considered variants are assessed, considering the decision maker’s preferences and existing constraints. The variants are ranked in terms of their suitability for selecting a supplier with the use of Electre III method. The results obtained from the simulation experiment suggest that this methodology is a feasible decision support model.http://dx.doi.org/10.1051/matecconf/20179406002 |
| spellingShingle | Cristea Ciprian Cristea Maria A multi-criteria decision making approach for supplier selection in the flexible packaging industry MATEC Web of Conferences |
| title | A multi-criteria decision making approach for supplier selection in the flexible packaging industry |
| title_full | A multi-criteria decision making approach for supplier selection in the flexible packaging industry |
| title_fullStr | A multi-criteria decision making approach for supplier selection in the flexible packaging industry |
| title_full_unstemmed | A multi-criteria decision making approach for supplier selection in the flexible packaging industry |
| title_short | A multi-criteria decision making approach for supplier selection in the flexible packaging industry |
| title_sort | multi criteria decision making approach for supplier selection in the flexible packaging industry |
| url | http://dx.doi.org/10.1051/matecconf/20179406002 |
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