Fuzzy Multi-Objective Supplier Selection Problem for Multiple Items in a Supply Chain

Abstract

Today’s market is highly competitive. The role of supply chain managers is to select best suppliers because major part of the capital is spent on purchasing raw material/semi finished items. The strategic decision of supply chain is to minimize the expenses on the purchase of items. There are several criteria involved in this problem; such as cost, quality, on-time delivery and long term relationship. Some of the criteria are quantitative in nature and some the criteria are qualitative in nature. Qualitative criteria are expressed in triangular fuzzy numbers. It requires defuzzification; the graded mean integration (GMI) representation method is used. Again all of these criteria are conflicting in nature that’s why fuzzy programming is used. For formulating the crisp model, it requires defuzzification; fuzzy compensatory operator is applied. This model gives us the idea about supplier selection as well as order quantity from each selected suppliers. Also, the numerical example is given to illustrate the above methods.

Authors and Affiliations

Dr Raosaheb V Latpate

Keywords

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  • EP ID EP749038
  • DOI -
  • Views 17
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How To Cite

Dr Raosaheb V Latpate (2014). Fuzzy Multi-Objective Supplier Selection Problem for Multiple Items in a Supply Chain. International Journal of Innovative Research in Computer Science and Technology, 2(5), -. https://europub.co.uk/articles/-A-749038