Preliminary communication

Multi-criteria approach to ranking suppliers in the supply chains concept

Harun Bronja ; State University of Novi Pazar, Vuk Karadzic b.b., 36300 Novi Pazar, Serbia

Abstract

This paper presents a new, transformed, multi-criteria mathematical model for ranking suppliers in the supply chains concept. The problem was treated as a problem of procurement of companies with raw materials in multi-supplier environment, with different offers and different supply conditions. In the circumstances of uncertainty of raw materials procurement, selection of suppliers and ranking performances of criteria and alternatives is a very important decision of a company for a successful business operation on the market. The work depicts the procedure of transformation of values of the proposed criteria on the principle of maximal value and the ranking done by the principle of geometric mean. The values obtained by ranking are placed in descending order, and suppliers are sorted by priority. An illustrated example is also presented.

Keywords

company; multi-criteria analysis; ranking; suppliers; supply chain

Hrčak ID:

71820

URI

https://hrcak.srce.hr/71820

Publication date:

26.9.2011.

Article data in other languages: croatian

Visits: 4.547 *