Use of analytic network process in vendor selection decisions
Department or Administrative Unit
Finance and Supply Chain Management
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.
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.
It is shown that ANP can be used as a decision analysis tool to solve multi‐criteria supplier selection problems that contain interdependencies.
ANP is a complex methodology and requires more comparisons than the traditional AHP and it increases the effort.
Provides an effective framework to guide managers for evaluating suppliers.
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
Benchmarking: An International Journal
Copyright © 2006, Emerald Group Publishing Limited