A Fuzzy TOPSIS Approach for Ranking of Supplier: A Case Study of ABZARSAZI Company

The success or failure of supply chain management depends upon a suitable SCM system and appropriate suppliers. Many firms apply collaborative commerce by establishing strategic partnerships with suppliers, and involve them in the early stages of product research and development. For many organizations effective supplier evaluation and purchasing processes are of vital importance. As the pace of market globalization quickens, the number of potential suppliers and the number of factors to consider when ranking suppliers increases. Supplier Evaluation is of increasing importance for companies and their further business development due to the fact that companies are concentrating on their core competencies. Next to that a distinctive supplier evaluation includes all internal departments and their feedback about supplier’s performance to receive a whole picture of supplier’s potential. In this paper, designed Questionnaires are sent to 10 professional experts in different departments of ABZARSAZI Company in Iran. So, this paper aimed to find out and rank the key factors of supplier selection criteria’s and present a suitable ranking for supplier of ABZARSAZI COMPANY using a Fuzzy TOPSIS approach. Finally, results of this research, give an evaluation method for companies in order to help managers to identify the best suppliers.