Dr. A C Shukla

Aditya Saraswat

Abstract

This research paper is an attempt to select the best supplier with proficiency in adopting sustainable practices for ABC Thermal Power Plant using Factor Analysis technique by SPSS software with keeping in mind the long term relationship goals and establishing codependencies with integrated Supplier Relationship Management (SRM). With the help of personal interview, telephonic interview and questionnaire, data is collected from vendors and ABC Thermal Power Plant and analyzed. On the basis of researcher’s observation all seventeen factors are prioritized and different Weightage has been allotted to them. Statistical Analysis is also done using SPSS software. The seventeen factors used are – “Exposure to SRM”. “Hindrance due to lack of supply (HDS)”, “Waste Management”, “Sustainable Practices”, “Low Pricing”, “High Pricing with Additional Benefits”, “Reverse Logistics”, “Storage Capabilities”, “ISO Certification”. “Geographical Proximity”, “Supply Chain Decision Making (SCDM)”, “Financial Stabilities”, “Commitment to Carbon Footprint reduction”, “Green Transportation Channel (GTC)”, “Information Sharing”, “Integrated Decision Making” and “Associated Services”. Composite Supplier Selection Index (CSSI) and cut-off value has been calculated as- (3.71). The research findings suggest that vendor 2 is most suitable with score of (4.39).

Keywords- FACTOR ANALYSIS, SRM, SPSS, THERMAL POWER PLANT