MATEC Web Conf.
Volume 94, 2017The 4th International Conference on Computing and Solutions in Manufacturing Engineering 2016 – CoSME’16
|Number of page(s)||9|
|Published online||04 January 2017|
A multi-criteria decision making approach for supplier selection in the flexible packaging industry
Faculty of Electrical Engineering, Technical University of Cluj-Napoca, Romania
* Corresponding author: firstname.lastname@example.org
The supplier selection problem represents one of the most important components of the supply chain management. This article presents a multiple criteria decision making analysis contributing to the selection of the most convenient supplier in the flexible packaging industry. Due to the fact that in today's supply chain management, the performance of potential suppliers is evaluated against multiple criteria rather than taking into account only the cost factor, the appropriate criteria in the supplier selection have been identified, and the considered variants are assessed, considering the decision maker’s preferences and existing constraints. The variants are ranked in terms of their suitability for selecting a supplier with the use of Electre III method. The results obtained from the simulation experiment suggest that this methodology is a feasible decision support model.
© The Authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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