Ranking Factors for Supplier Selection with Application of the Ftopsis Method
The first step in starting each production is the choice of suppliers. The choice of suppliers is influenced by many factors that differ depending on whether it is the first relationship with suppliers or it is about establishing partnerships with suppliers. Factors influencing selection are different and depend on business cooperation with suppliers themselves. Unlike other works, this paper applies expert judgment in the rankings of supplier selection factors. Experts include those scientists who published scientific papers on this subject by the prestigious Elsevier publishing house. Experts were assigned a survey questionnaire containing 39 factors for supplier selection to which they gave their opinion on which of these factors is important for establishing new cooperation or establishing partnerships with suppliers. The answers received were processed and the factors were ranked using the fuzzy TOPSIS method. The results showed that various factors are used in this cooperation with suppliers.
Year of publication: |
2017
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Authors: | Puska, Adis ; Sadic, Sead ; Beganovic, Admir I. |
Published in: |
Economic Review: Journal of Economics and Business. - Tuzla : University of Tuzla, Faculty of Economics, ISSN 1512-8962. - Vol. 15.2017, 1, p. 63-73
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Publisher: |
Tuzla : University of Tuzla, Faculty of Economics |
Subject: | Supplier selection | Expert opinion | Fuzzy TOPSIS |
Saved in:
freely available
Type of publication: | Article |
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Type of publication (narrower categories): | Article |
Language: | English |
Other identifiers: | 1667184644 [GVK] hdl:10419/193870 [Handle] RePEc:tuz:journl:v:15:y:2017:i:1:p:63-73 [RePEc] |
Classification: | C50 - Econometric Modeling. General ; L80 - Industry Studies: Services. General |
Source: |
Persistent link: https://www.econbiz.de/10011985124
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