MULTI-CRITERIA DECISION-MAKING METHODS FOR SUPPLIER SELECTION: A LITERATURE REVIEW

Authors

  • Aytac Yildiz Amasya University
  • A. Yesim Yayla Marmara University

DOI:

https://doi.org/10.7166/26-2-1010

Keywords:

Supplier selection, Multi-Criteria Decision Making methods

Abstract

A firm’s multi-criteria decision-making (MCDM) process is important because of its need to select and work with various suppliers. The process identifies the problems associated with selecting the supplier, , determining convenient criteria, expressing interactions clearly, and usage. These are all suitable methods for finding a solution to these MCDM problems.

Considering more than one criterion (and even the sub-criteria of these criteria) during supplier selection makes the selection uncertain. Conventional methods cannot generate a realistic solution to the problem. Using MCDM methods considerably simplifies solving the problem, and enables decision-makers to make better decisions. In this study, a literature review was performed on MCDM methods used between 2001 and 2014 for the supplier selection problem. MCDM methods used in supplier selection are categorised into three main methods, and a summary table of the reviewed studies is presented.

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Published

2015-08-03

How to Cite

Yildiz, A., & Yayla, A. Y. (2015). MULTI-CRITERIA DECISION-MAKING METHODS FOR SUPPLIER SELECTION: A LITERATURE REVIEW. The South African Journal of Industrial Engineering, 26(2), 158–177. https://doi.org/10.7166/26-2-1010

Issue

Vol. 26 No. 2 (2015)

Section

Case Studies

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