Online markets have dramatically decreased costs of search and communication for buyers. By contrast, costs of evaluating purchasing alternatives have become critical due to an overwhelming range of available options. When high, evaluation costs can offset potential gains from transactions and...

Online markets have dramatically decreased costs of search and communication for buyers. By contrast, costs of evaluating purchasing alternatives have become critical due to an overwhelming range of available options. When high, evaluation costs can offset potential gains from transactions and...

This paper proposes a new hierarchical economic information filtering model for vendor selection, consisting of three phases in which leading enterprises select their vendors, namely, the phase of collecting and releasing information, the phase of selecting vendors and the phase of dynamic...

The selection process of vendors is very essential nowadays for companies, as costs are reduced and sales increase along with the profit. For this reason, selecting the right vendor to collaborate leads to competitive advantage. The main purpose was to identify the most important criteria as...

Supplier evaluation and vendor selection are complex problems with multiple criteria. These Multiple and conflicting criteria often interact with each other, making the selection process cumbersome and challenging. Multi criterion decision-making (MCDM) techniques are used to handle these...

The software product development involves different stakeholders such as suppliers, vendors, customers, project development team, senior management and functional managers. The project manager is very much dependent on external stakeholders such as vendors. Vendor selection, contract...

This paper investigates a fuzzy multi-objective vendor selection program under lean procurement based on cost minimization, delivery schedule violation minimization, and maximizing the quality level of the purchased quantity. Specifically, the paper incorporates the vendor production capacity...