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A Hybrid Performance Evaluation Approach for Supplier Selection Under Fuzzy Environment

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Book cover Proceedings of Fourth International Conference on Soft Computing for Problem Solving

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 336))

Abstract

In today’s competitive world, purchasing function plays a very critical role in achieving the company’s targets. Supplier selection is an important segment which most of the companies are considering these days for their growth because a good supplier selection makes a significant difference to an organization’s future in order to reduce the cost and increase the outputs, keeping standard of quality of the product. This paper proposes a combined methodology of Analytical Hierarchy Process (AHP) and fuzzy technique for order preference by Similarity to Ideal Solution (FTOPSIS). Using above as a three-step procedure, first step performed the qualitative performance evaluation using AHP in finding the weights of all the criteria which are then converted into triangular fuzzy numbers (TFNs) and finally, fuzzy TOPSIS is applied in finding the final rank of the suppliers. Lastly, an application using proposed methodology is considered for better understanding.

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Authors and Affiliations

  1. Department of Operational Research, University of Delhi, New Delhi, India

    Nidhi Bhayana, Simranjeet Kaur & P. C. Jha

Authors
  1. Nidhi Bhayana
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  2. Simranjeet Kaur
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  3. P. C. Jha
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Corresponding author

Correspondence to Nidhi Bhayana .

Editor information

Editors and Affiliations

  1. Mathematics, National Institute of Technology Silchar, Silchar, Assam, India

    Kedar Nath Das

  2. Department of Mathematics, Indian Institute of Technology Roorkee, Roorkee, Uttarakhand, India

    Kusum Deep

  3. Department of Paper Technology, Indian Institute of Technology Roorkee, Roorkee, India

    Millie Pant

  4. South Asian University, New Delhi, India

    Jagdish Chand Bansal

  5. Department of Computer Science, Liverpool Hope University, Liverpool, United Kingdom

    Atulya Nagar

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Bhayana, N., Kaur, S., Jha, P.C. (2015). A Hybrid Performance Evaluation Approach for Supplier Selection Under Fuzzy Environment. In: Das, K., Deep, K., Pant, M., Bansal, J., Nagar, A. (eds) Proceedings of Fourth International Conference on Soft Computing for Problem Solving. Advances in Intelligent Systems and Computing, vol 336. Springer, New Delhi. https://doi.org/10.1007/978-81-322-2220-0_38

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  • DOI: https://doi.org/10.1007/978-81-322-2220-0_38

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  • Publisher Name: Springer, New Delhi

  • Print ISBN: 978-81-322-2219-4

  • Online ISBN: 978-81-322-2220-0

  • eBook Packages: EngineeringEngineering (R0)

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