Supplier selection using combined AHP and GRA for a pump manufacturing industry

Supplier selection using combined AHP and GRA for a pump manufacturing industry

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Article ID: iaor20119009
Volume: 10
Issue: 1
Start Page Number: 40
End Page Number: 52
Publication Date: Aug 2011
Journal: International Journal of Logistics Systems and Management
Authors: , ,
Keywords: decision: rules, supply & supply chains, decision theory: multiple criteria, analytic hierarchy process
Abstract:

A supply chain encompasses all activities associated with the flow and transformation of goods, along with information from the raw material stage to the end user stage. Supply Chain Management (SCM) focuses on supplier selection for improvement of customer service, profitability and business performance. Supplier selection is a Multi‐criteria Decision Making (MCDM) problem. Several approaches are proposed in the literature for supplier selection and needs attention. In this paper the combined Analytical Hierarchy Process (AHP) and Grey Relational Analysis (GRA) approach is used for the supplier selection process. A case study is presented to exemplify the methodology.

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