Dr. Rakesh D. Raut
Ms. Vaijayanti R. Raut
Abstract
The study views supplier selection as a multi-criteria decision making problem and attempts to understand how the selection criteria and the evaluation techniques vary with the product complexity. The objective ofthe study is to develop a new robust modelfor supplier evaluation system, integrating MCDM methods and providing practical use of the new generic model in the industry. This study takes an integrated approach to problem analysis where the methodology is based on a MCDM.
Keywords- Multi-criteria decision method (MCDM), Supplier Evaluation & Selection System,