A basic part of the logistic management of companies is the purchasing function, and the appropriate selection of vendors and allocating orders among them is one of the prime responsibilities of this function. Many conceptual and analytical models have been developed for addressing the vendor...

A number of mathematical models have been developed for modeling the supplier selection problem. Most of these models have considered the buyer's viewpoint and maximized only the buyer's benefit. This does not necessarily lead to an optimal situation for all members of a supply chain....

Supplier selection is one of the most important activities of purchasing departments. This importance is increased even more by new strategies in a supply chain. Supplier selection is a multi-criteria decision making problem in which criteria have different relative importance. In practice, for...