Supplier Evaluation Using Data Envelopment Analysis

Topics:
Supplier Evaluation
Tags:
Algorithm,
Analysis,
Channel Management,
Marketing,
Supplier,
Supplier Evaluation
Source:
Arizona State University

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Overview: In any organization, for an effective supply chain management to operate, the purchasing function is very essential to perform effectively. It is the responsibility of purchasing managers to choose suppliers to purchase the required products for their company. Thus, it is very common for purchasing managers to conduct supplier evaluation techniques effectively to choose the best supplier amongst all suppliers. This project focuses on the Data Envelopment Analysis technique (DEA) to measure the relative efficiency of the suppliers by implementing the DEA algorithm and explains the lack of subjectivity involved in DEA contrast to the weighted cost algorithm. This paper also deals with the pros and cons of both weighted cost and DEA algorithm.

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Format: PDF | Size: 285KB | Date: Feb 2004 | Pages: 9


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