Physical Sciences and Mathematics Commons^™

A Utility-Driven Approach To Supplier Evaluation And Selection: Empirical Validation Of An Integrated Solution Framework, Alptekin Ulutas, Nagesh Shukla, Senevi Kiridena, Peter Gibson

Nagesh Shukla

Supplier evaluation and selection (SES) problems have long been studied, leading to the development of a wide range of individual and hybrid models for solving them. However, the lack of widespread diffusion of existing SES models in the industry points to a need for simpler models that can systematically evaluate both qualitative and quantitative attributes of potential suppliers while enhancing the flexibility decision-makers need to account for relevant situational factors. Furthermore, empirical validations of existing models in SES have been few and far between. With a view to addressing these issues, this paper proposes an integrated solution framework that can …