A Grey System Theory Based Approach for Supplier Evaluation and Selection

다국어 초록 (Multilingual Abstract)

It is extremely difficult to successfully maintain the performance of manufacturing firm without considering a suitable set of suppliers. The effective estimation of supplier’s capabilities are real arduous tasks for managers. The objective of this paper is to develop framework for reducing the risks associated with suppliers. Supplier selection decision consist of stochastic and recognitive uncertainties and to deal with these uncertainties we use grey systems theory based approach. We first identified the important criteria which affect the supplier selection decision and then proposed a grey goal programming based approach to select suitable set of suppliers and optimal order allocation to each selected supplier.

목차 (Table of Contents)

• Abstract
• 1. Introduction
• 2. Grey System Theory
• 3. Supplier Evaluation and Selection Criteria
• 4. The Proposed Grey Supplier Selection Model
• 5. Numerical Example
• 6. Conclusion
• References