An optimization approach to determining the number of vendors to employ

Presents an approach for evaluating the number of vendors to employ in a procurement situation using multi‐objective programming (MOP) and data envelopment analysis (DEA). The approach advocates developing vendor‐order quantity solutions (referred to as supervendors) using MOP and then evaluating the efficiency of these supervendors on multiple criteria using DEA. Formulations are presented for both the MOP and DEA models. A case study is presented for a Fortune 500 company in a just‐in‐time (JIT) manufacturing environment.

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Year of publication:	2000
Authors:	Weber, Charles A. ; Current, John ; Desai, Anand
Published in:	Supply Chain Management: An International Journal. - MCB UP Ltd, ISSN 1758-6852, ZDB-ID 2028208-4. - Vol. 5.2000, 2, p. 90-98
Publisher:	MCB UP Ltd
Subject:	Purchasing \| Optimization \| Data envelopment analysis \| Logistics \| Vendor quality

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/13598540010320009 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10015008209