A novel hybrid multi-criteria method for supplier selection among SMEs on the basis of innovation ability

Today, small and large business houses operate collaboratively for the efficiency in the functioning of supply chains. Larger organisations mostly depend on small companies to supply majority of its components and thus they need to be careful while selecting their suppliers. Small organisations performing innovatively and supplying technologically upgraded as well as quality products at a cheaper rate can be a boon for the larger enterprise. This study develops a model for evaluating and selecting small firms as suppliers on the basis of their innovativeness. Best–Worst multi-criteria method is used to rank criteria of innovativeness and also to calculate their weights on the basis of expert opinion. Fuzzy TOPSIS methodology is used to rank the suppliers with respect to these criteria and finally select the best supplier among the available alternatives. A real-world application is illustrated by taking a case of auto component manufacturer and its seven suppliers, 5 main criteria and 23 sub-criteria are taken up for the study.

• Record URL:
  • https://doi.org/10.1080/13675567.2017.1382457
• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/13675567
• Supplemental Notes:
  • © 2017 Informa UK Limited, trading as Taylor & Francis Group. Abstract reprinted with permission of Taylor & Francis.
• Authors:
  • Gupta, Himanshu
  • Barua, Mukesh Kumar
• Publication Date: 2018-5

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: pp 201-223
• Serial:
  • International Journal of Logistics Research and Applications
  • Volume: 21
  • Issue Number: 3
  • Publisher: Taylor & Francis
  • ISSN: 1367-5567
  • EISSN: 1469-848X
  • Serial URL: http://www.tandfonline.com/toc/cjol20/current

Subject/Index Terms

• TRT Terms: Innovation; Multiple criteria decision making; Small business; Suppliers; Supply chain management
• Subject Areas: Administration and Management; Freight Transportation; Operations and Traffic Management;

Filing Info

• Accession Number: 01672306
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 19 2018 9:33AM