DocumentCode :
2295512
Title :
An Integrated QFD-TOPSIS Methodology for Supplier Selection in SMEs
Author :
Kumaraswamy, Aditya Hosanagara ; Bhattacharya, Arijit ; Kumar, Vikas ; Brady, Malcolm
Author_Institution :
Dept. of Ind. Eng. & Manage., Indian Inst. of Technol., Kharagpur, India
fYear :
2011
fDate :
20-22 Sept. 2011
Firstpage :
271
Lastpage :
276
Abstract :
Supplier selection, within a supply-chain network, is a decision of strategic importance to SMEs. The selection involves trading-off multiple cardinal and ordinal criteria in an optimal fashion. Such a decision is multi-criteria in nature "Technique for Order Preference by Similarity to Ideal Solution" (TOPSIS) is a distance-based multi-criteria decision making tool that considers both ideal and negative-ideal solutions within its feasible solution domain. In reality, ideal solution is not attainable. Therefore, TOPSIS considers the shortest Euclidean distance from the ideal solution to have a composite of the best performance values exhibited by a candidate-alternative for each of the criteria. However, TOPSIS does not have provision to allow cross-functional planning criteria evolved from the multi-functional teams of SMEs. At this juncture, Quality Function Deployment (QFD), an existing cross-functional planning technique, is suitable integrated with TOPSIS for latter\´s better flexibility. The proposed methodology is validated using a benchmark problem from the literature. As an example, ten candidate-suppliers are ranked using the developed methodology considering eight disparate criteria and cost factors. Selection of the best candidate-supplier is made based upon a non-dimensional selection-index containing the objective factor decision weight The implication of the research lies within the flexibility of the proposed methodology for the purpose of the decision-making in SMEs.
Keywords :
decision making; operations research; quality function deployment; small-to-medium enterprises; strategic planning; supply chains; SME; Technique for Order Preference by Similarity to Ideal Solution; cross-functional planning criteria; distance-based multicriteria decision making; integrated QFD-TOPSIS methodology; quality function deployment; shortest Euclidean distance; strategic importance; supplier selection; supply-chain network; Decision making; Educational institutions; Equations; Mathematical model; Planning; Quality function deployment; Silicon;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Computational Intelligence, Modelling and Simulation (CIMSiM), 2011 Third International Conference on
Conference_Location :
Langkawi
Print_ISBN :
978-1-4577-1797-0
Type :
conf
DOI :
10.1109/CIMSim.2011.55
Filename :
6076369
Link To Document :
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