Supplier Selection in Supply Chain Management: A Review
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2014, Vol 2, Issue 12
Abstract
In today’s highly competitive environment, an effective supplier selection process is very important to the success of any organization. Supplier selection represents one of the most important decisions in a company to remain competitive, especially nowadays, where markets are changing very fast. The main idea of each method and it develops alternatives for each method that were proposed by different authors. There is no one proven best method in evaluating and selecting suppliers and companies deploy a variety of different approaches. Choosing the best supplier should meet the goal of receiving the right quantity on the right time with the right cost. In this paper, different supplier selection methods, supply chain in supply chain management are discussed.
Authors and Affiliations
Er. Vishal V. Chahare
Keywords
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