Use of analytic network process in vendor selection decisions
Document Type
Article
Department or Administrative Unit
Finance and Supply Chain Management
Publication Date
9-1-2006
Abstract
Purpose
To provide a good insight into the use of analytic network process (ANP) that is a multiple criteria decision‐making methodology in evaluating supplier selection problems.
Design/methodology/approach
Supplier selection problems are multi‐objective problems which have many qualitative and quantitative concerns. In this study, an ANP model is proposed in evaluating supplier selection process as a framework to help managers.
Findings
It is shown that ANP can be used as a decision analysis tool to solve multi‐criteria supplier selection problems that contain interdependencies.
Research limitations/implications
ANP is a complex methodology and requires more comparisons than the traditional AHP and it increases the effort.
Originality/value
Provides an effective framework to guide managers for evaluating suppliers.
Recommended Citation
Bayazit, O. (2006). Use of analytic network process in vendor selection decisions. Benchmarking: An International Journal, 13(5), 566–579. https://doi.org/10.1108/14635770610690410
Journal
Benchmarking: An International Journal
Rights
Copyright © 2006, Emerald Group Publishing Limited
Comments
This article was originally published in Benchmarking: An International Journal. The full-text article from the publisher can be found here.
Due to copyright restrictions, this article is not available for free download from ScholarWorks @ CWU.