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Strategic Supplier Selection Research Based On FAHP And TOPSIS

Posted on:2019-11-01Degree:MasterType:Thesis
Country:ChinaCandidate:X P YangFull Text:PDF
GTID:2371330551957124Subject:Business management
Abstract/Summary:
In the globalized market in the 21st century,the competition among companies has been extended to the whole supply chain.To win the competition,a company has to establish new supply chain partnerships with the upstream and downstream companies to realize competitive advantage in the whole supply chain.In that context,it is of great significance to study the strategic supplier selection.At present,China has been the biggest chemicals producing country in the world.Almost all of the key independent chemical distributors now pay more and more attention to sourcing chemicals from China.In the meantime,they become more eager to develop a long-term strategic partnership with selected strategic suppliers.As the global leader of chemical distributor worldwide,company B established the global sourcing organization to take care of the company’s chemicals sourcing in China and Asia,to benefit from the centralized sourcing and develop strategic supplier based on long-term cooperation.This study examined the strategic supplier selection in the global sourcing organization,introduced current selection process,and analyzed the existing issues like the incomplete selection index and the subjectivity of selection method.And based on the literature analysis,qualitative and quantitative analysis,combination of theory and empirical analysis,and other main analysis theories and methods,this study presented a set of strategic supplier selection index and method which are more practical to company B’s actual requirement,constructed a strategic supplier selection model based on fuzzy analytical hierarchy process(FAHP)and technique for order preference by similarity to an ideal solution(TOPSIS).In the last,the FAHP-TOPSIS model was tested by empirical analysis.The result showed that the FAHP-TOPSIS model helped global sourcing organization to be more scientific and effective in the decision making for strategic supplier selection.It also helped company B to realize the long-term partnership with selected strategic supplier,and improved the competitive powder of company B and its distribution supply chain.Meanwhile,this paper initiatively studied the strategic supplier selection based on a distributor’s perspective.Hope this paper can bring some reference value for others’researches.
Keywords/Search Tags:strategic supplier selection, chemical distribution, FAHP, TOPSIS
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