Supplier selection based on multi-stakeholder Best- Worst Method

Authors

  • Hamidreza Fallah Lajimi University of Mazandaran
  • Seyed Amin Seyed Haeri Clemson University
  • Zahra Jafari Sorouni University of Tehran
  • Negin Salimi Wageningen University and Research

DOI:

https://doi.org/10.18757/jscms.2021.5864

Abstract

Supplier selection and supplier segmentation are two interdependent crucial steps of effective supplier relationship management. Supplier selection is formulated as a multi-criteria decision-making problem, in which evaluation criteria play a critical role in a realistic assessment of the suppliers. The evaluation criteria can be used to link supplier selection and segmentation steps to have a more efficient and effective supplier relationship management. A multi-stakeholder Best-Worst Method (BWM) is used for supplier selection. The proposed method is a proper tool to handle the optimal weights of the BWM, which are in the form of intervals. The proposed approach enables decision-makers to avoid information loss within their decision-making procedure resulting in more realistic decisions. A real-world case study is used to illustrate the proposed decision-making framework. The final results show the best suppliers based on both capabilities and willingness dimensions which can be selected by the case company.

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Published

2021-06-30