A fuzzy goal programming approach for vendor selection problem in a supply chain
By Manoj Kumar, Prem Vrat, Ravi Shankar. Computers & industrial engineering, 2004
506 citations recorded by the source corpus.
A fuzzy goal programming approach is applied in this paper for solving the vendor selection problem with multiple objectives, in which some of the parameters are fuzzy in nature. A vendor selection problem has been formulated as a fuzzy mixed integer goal programming vendor selection problem that includes three primary goals: minimizing the net cost, minimizing the net rejections, and minimizing the net late deliveries subject to realistic constraints regarding buyer's demand, vendors capacity, vendors' quota flexibility, purchase value of items, budget allocation to individual vendor, etc. An illustration with a data set from a realistic situation is included to demonstrate the effectiveness of the proposed model. The proposed approach has the capability to handle realistic situations in a fuzzy environment and provides a better decision tool for the vendor selection decision in a supply chain.
Subfields: Control and Systems Engineering, Management Science and Operations Research, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/af96acc13c18b9eb9e535631d67bb5d7f8dd29e0
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In Control and Systems Engineering
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Citations in the corpus
- Integrated analytical hierarch process and mathematical programming to supplier selection problem with quantity discount (2009, background): “The important constraints of the problem are supplier capacity, minimum order quantity, the number of suppliers to be selected, budgetery limitations and quality [20,24,30,22,9].”
- Supplier selection and order allocation problem using a two-phase fuzzy multi-objective linear programming (2013, background): “[40] formulated the SSP as a fuzzy mixed integer goal programming with three primary goals minimizing the net cost, minimizing the net rejections, and minimizing the net late deliveries subject to realistic constraints regarding the buyer’s demand, vendors’ capacity, vendors’ quota flexibility, purc”
- Supplier selection using fuzzy AHP and fuzzy multi-objective linear programming for developing low carbon supply chain (2012, background): “Kumar, Vrat, and Shankar (2004) developed a fuzzy goal programming approach for vendor selection considering the effect of information uncertainty in the decision making.”