Improvement of a grey based method for supplier selection problem

Purpose: In this article, we combine this new approach based on the concepts of Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) to evaluate and select the best supplier. Design/methodology/approach: Supplier evaluation is a Multi-Attribute Decision-Making (MADM) problem th...

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Main Authors: Jadidi, Omid, Mohd Yusuff, Rosnah, Firouzi, Fatemeh, Tang, Sai Hong
Format: Conference or Workshop Item
Published: 2008
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/10721/
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author Jadidi, Omid
Mohd Yusuff, Rosnah
Firouzi, Fatemeh
Tang, Sai Hong
author_facet Jadidi, Omid
Mohd Yusuff, Rosnah
Firouzi, Fatemeh
Tang, Sai Hong
author_sort Jadidi, Omid
building UPM Institutional Repository
collection Online Access
description Purpose: In this article, we combine this new approach based on the concepts of Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) to evaluate and select the best supplier. Design/methodology/approach: Supplier evaluation is a Multi-Attribute Decision-Making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict. Since most of the input information is not known accurately, selecting the right suppliers becomes more difficult. Grey theory is one of the new mathematical methods used to analyze systems with uncertain and incomplete information. Findings: Through this article, it is demonstrated that the improved method, which is used to solve the MADM problems for selecting the best supplier, is a good means of evaluation, and it appears to be more appropriate. Practical implications: Grey theory is a new mathematical field that is one of the methods used to study the uncertainty of a system. Originality/value: Through this article, it was demonstrated that the improved method, which is used to solve the MADM problems for selecting the best supplier, is a good means of evaluation, and it appears to be more appropriate.
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format Conference or Workshop Item
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institution Universiti Putra Malaysia
institution_category Local University
last_indexed 2025-11-15T07:44:15Z
publishDate 2008
recordtype eprints
repository_type Digital Repository
spelling upm-107212015-01-08T12:59:09Z http://psasir.upm.edu.my/id/eprint/10721/ Improvement of a grey based method for supplier selection problem Jadidi, Omid Mohd Yusuff, Rosnah Firouzi, Fatemeh Tang, Sai Hong Purpose: In this article, we combine this new approach based on the concepts of Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) to evaluate and select the best supplier. Design/methodology/approach: Supplier evaluation is a Multi-Attribute Decision-Making (MADM) problem that is affected by quantitative and qualitative factors, some of which may conflict. Since most of the input information is not known accurately, selecting the right suppliers becomes more difficult. Grey theory is one of the new mathematical methods used to analyze systems with uncertain and incomplete information. Findings: Through this article, it is demonstrated that the improved method, which is used to solve the MADM problems for selecting the best supplier, is a good means of evaluation, and it appears to be more appropriate. Practical implications: Grey theory is a new mathematical field that is one of the methods used to study the uncertainty of a system. Originality/value: Through this article, it was demonstrated that the improved method, which is used to solve the MADM problems for selecting the best supplier, is a good means of evaluation, and it appears to be more appropriate. 2008-11 Conference or Workshop Item NonPeerReviewed Jadidi, Omid and Mohd Yusuff, Rosnah and Firouzi, Fatemeh and Tang, Sai Hong (2008) Improvement of a grey based method for supplier selection problem. In: 9th Global Congress on Manufacturing and Management (GCMM 2008), 12-14 Nov. 2008, Holiday Inn, Surfers Paradise, Australia. . Mathematical models
spellingShingle Mathematical models
Jadidi, Omid
Mohd Yusuff, Rosnah
Firouzi, Fatemeh
Tang, Sai Hong
Improvement of a grey based method for supplier selection problem
title Improvement of a grey based method for supplier selection problem
title_full Improvement of a grey based method for supplier selection problem
title_fullStr Improvement of a grey based method for supplier selection problem
title_full_unstemmed Improvement of a grey based method for supplier selection problem
title_short Improvement of a grey based method for supplier selection problem
title_sort improvement of a grey based method for supplier selection problem
topic Mathematical models
url http://psasir.upm.edu.my/id/eprint/10721/