Selecting and evaluating the right vendors is imperative for an organization's global marketplace competitiveness. Improper selection and evaluation of potential vendors can dwarf an organization's supply chain performance. Numerous studies have demonstrated that firms consider multiple criteria when selecting key vendors. This research intends to develop a new hybrid model for vendor selection process with better decision making. The new proposed model provides a suitable tool for assisting decision makers and managers to make the right decisions and select the most suitable vendor. This paper proposes a Hybrid model based on Structural Equation Model (SEM) and Analytical Hierarchy Process (AHP) for long-term strategic vendor selection problems. The five steps framework of the model has been designed after the thorough literature study. The proposed hybrid model will be applied using a real life case study to assess its effectiveness. In addition, What-if analysis technique will be used for model validation purpose.
Skip Nav Destination
Article navigation
20 November 2012
PROCEEDINGS OF THE SIXTH GLOBAL CONFERENCE ON POWER CONTROL AND OPTIMIZATION
6–8 August 2012
Las Vegas, Nevada, USA
Research Article|
November 20 2012
IT vendor selection model by using structural equation model & analytical hierarchy process
Sarit Maitra;
Sarit Maitra
Department of Computer & Information Sciences, Universiti Teknologi PETRONAS Tronoh 31750,
Malaysia
Search for other works by this author on:
P. D. D. Dominic
P. D. D. Dominic
Department of Computer & Information Sciences, Universiti Teknologi PETRONAS Tronoh 31750,
Malaysia
Search for other works by this author on:
AIP Conf. Proc. 1499, 287–293 (2012)
Citation
Sarit Maitra, P. D. D. Dominic; IT vendor selection model by using structural equation model & analytical hierarchy process. AIP Conf. Proc. 20 November 2012; 1499 (1): 287–293. https://doi.org/10.1063/1.4769004
Download citation file:
Pay-Per-View Access
$40.00
Sign In
You could not be signed in. Please check your credentials and make sure you have an active account and try again.
35
Views
Citing articles via
Inkjet- and flextrail-printing of silicon polymer-based inks for local passivating contacts
Zohreh Kiaee, Andreas Lösel, et al.
Effect of coupling agent type on the self-cleaning and anti-reflective behaviour of advance nanocoating for PV panels application
Taha Tareq Mohammed, Hadia Kadhim Judran, et al.
Design of a 100 MW solar power plant on wetland in Bangladesh
Apu Kowsar, Sumon Chandra Debnath, et al.
Related Content
The vendor selection in multisite project - Multi location-based vendor using analytical hierarchy process (AHP) method in repair center project
AIP Conf. Proc. (December 2023)
Capturing food waste reduction practices of fresh fruit street vendors in Indonesia
AIP Conf. Proc. (September 2024)
Particle Swarm Optimization Approach in a Consignment Inventory System
AIP Conference Proceedings (September 2009)
An integrated inventory model for deteriorated and imperfect items considering carbon emissions and inflationary environment
AIP Conf. Proc. (April 2020)
Effect of carbon emission on multi-stage economic order quantity model with backlogging under fuzzy environment
AIP Conf. Proc. (August 2020)