An analysis of the supplier selection process
Customers select suppliers based on the relative importance of different attributes such as quality, price, flexibility, and delivery performance. This study examines the difference between managers' rating of the perceived importance of different supplier attributes and their actual choice of suppliers in an experimental setting. We use two methods: a Likert scale set of questions, to determine the importance of supplier attributes; and a discrete choice analysis (DCA) experiment, to examine the choice of suppliers. The results indicate that although managers say that quality is the most important attribute for a supplier, they actually choose suppliers based largely on cost and delivery performance.
Year of publication: |
1998
|
---|---|
Authors: | Verma, Rohit ; Pullman, Madeleine E. |
Published in: |
Omega. - Elsevier, ISSN 0305-0483. - Vol. 26.1998, 6, p. 739-750
|
Publisher: |
Elsevier |
Keywords: | purchasing conjoint analysis choice process supply chain management measurement and methodology |
Saved in:
Saved in favorites
Similar items by person
-
An Analysis of the Supplier Selection Process
Verma, Rohit, (1998)
-
A Market Utility-Based Model for Capacity Scheduling in Mass Services
Goodale, John C., (2003)
-
Service design and operations strategy formulation in multicultural markets
Pullman, Madeleine E., (2001)
- More ...