An optimal grey based approach based on TOPSIS concepts for supplier selection problem

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An optimal grey based approach based on TOPSIS concepts for supplier selection problem

Supplier selection is a multi-attribute decision making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict with each other. Since most of the input information is not known accurately, selecting the right suppliers becomes more difficult. Grey theory is one of the new mathematical methods used to analyze systems with uncertain and incomplete info...

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Improvement of a Grey Based Method for supplier selection problem

Purpose: In this article, we combine this new approach based on the concepts of Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) to evaluate and select the best supplier. Design/methodology/approach: Supplier evaluation is a Multi-Attribute Decision-Making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict. Since most of th...

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TOPSIS Method for Supplier Selection Problem

Supplier selection, in real situation, is affected by several qualitative and quantitative factors and is one of the most important activities of purchasing department. Since at the time of evaluating suppliers against the criteria or factors, decision makers (DMS) do not have precise, exact and complete information, supplier selection becomes more difficult. In this case, Grey theory helps us ...

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Simulation based fuzzy TOPSIS approach for group multi-criteria supplier selection problem

Supplier selection is nowadays one of the critical topics in supply chain management. This paper presents a new decision making approach for group multi-criteria supplier selection problem, which clubs supplier selection process with order allocation for dynamic supply chains to cope market variations. More specifically, the developed approach imitates the knowledge acquisition and manipulation...

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ژورنال

عنوان ژورنال: International Journal of Management Science and Engineering Management

سال: 2009

ISSN: 1750-9653,1750-9661

DOI: 10.1080/17509653.2009.10671066