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Publication Type : Conference Paper
Publisher : 2016 IEEE International Conference on Computational Intelligence and Computing Research,
Source : 2016 IEEE International Conference on Computational Intelligence and Computing Research, ICCIC 2016, Institute of Electrical and Electronics Engineers Inc. (2017)
ISBN : 9781509006113
Keywords : Artificial intelligence, Computation theory, Computer circuits, decision making, Fuzzy - Multi criteria decision making, Fuzzy algorithms, Fuzzy logic, Fuzzy sets, Literature reviews, Multi criteria decision making, Multiple criteria, Strategic decisions, Supplier Evaluations, Supplier selection, Supply chain management
Campus : Coimbatore
School : School of Business
Department : Business
Year : 2017
Abstract : Supplier selection for an organization is a strategic decision which follows the practice of contemporary supply chain management of evaluating the potential supplier's by taking into consideration multiple criteria's for supplier evaluation. Finalizing a supplier for an organization is a complex issue and lots of uncertainties are involved with a compulsion to choose the best supplier among the provided alternatives. Fuzzy multi criteria decision making techniques will come in handy to deal with the qualms challenged, which eventually leads in picking up the best supplier for the elementary functioning of the organization. This article presents a comprehensive bibliographic study about the supplier selection using fuzzy logic through numerous approaches. Thus it gives a clear view on how the supplier selections are carried out by using various fuzzy and hybrid fuzzy algorithm in various sectors. This review indicates that the FTOPSIS approach is used by many researchers for their supplier section model. © 2016 IEEE.
Cite this Research Publication : K. Renganath and Dr. Suresh M., “Supplier selection using fuzzy MCDM techniques: A literature review”, in 2016 IEEE International Conference on Computational Intelligence and Computing Research, ICCIC 2016, 2017.