Samyak S. Gangurde

Dr. Sanjaykumar R. Gangurde

Abstract

In recent years, a number of firms have realized the potential of supply chain management (SCM). Supplier selection is an important strategic decision in SCM. In order to evaluate the overall performance of the supplier alternatives and to select the best supplier, Multiple Criteria Decision Making (MCDM) technique can be used effectively. In this paper, various supplier alternatives are considered for evaluation on the basis of conflicting criteria. The weight for each attribute is calculated by Analytical Hierarchy Process (AHP) and the same weights are then used in MADM method presented in this paper. These supplier alternatives are evaluated on the basis of criteria using Grey Relational Analysis Method (GRA).

Keywords- Supplier Selection, MCDM, AHP, GRA