Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Business
A Discussion On Supplier Selection Modeling Approaches, Sheida Etemadidavan, Andrew J. Collins
A Discussion On Supplier Selection Modeling Approaches, Sheida Etemadidavan, Andrew J. Collins
Modeling, Simulation and Visualization Student Capstone Conference
Supplier selection is a subfield of supply chain management that involves multiple steps in order for decision-makers to find suitable suppliers. Supplier selection is important as it could influence the whole company positively or negatively. It has, recently, become a topic of interest because of the recent pandemic and its effect on the global supply chain, which causes supply shortages. As such, the focus of this paper is on characteristics of decision-making modeling approaches, specifically agent-based modeling and multi-agent systems, in supplier selection, as its modeling has always been a challenge for companies due to its complex nature.