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This paper aims to discuss the application of grey theory to the supplier selection problem. In the Introduction part, the author concludes the weakness of several existing methods to the supplier selection problem and proposes that the grey system theory would be more suitable than others due to its nature and characteristics. After putting forward a set of comprehensive evaluation index system,...
In modern automotive industry supply chain, selecting suitable suppliers should have strategic view. However, it is multi-objective decisions which have many factors to be given consideration. Evaluation model is a way to realize scientific decision-making. In this paper, principal component analysis should be used to preprocess, and then make an analysis of the integrated evaluation method, TOPSIS...
With respect to decision making problems with interval numbers, a multi-criteria decision making method under prospect theory is proposed. This method firstly regardes the criteria value as N arithmetic random numbers in the given interval, and the regularity of criteria value distribution for the interval is expressed by the normal distribution function. Then, on the basis of the given reference...
According to the problems of inventory restocking and difficult financing in the apparel supply chain, the paper has expanded the inventory financing method, and established a inventory financing contract, determined the collateral selection and decision-making of pledge rate. And then combined with the traditional supply contract, the paper has established a joint contract to coordinate the apparel...
As the supply chain becomes more complex, the ability to gain a consistent view of business operations, especially, to track in real time a certain product or pallet becomes more important. Establishing visibility of product flow across the supply chain is one means to achieve this goal. This in turn can adversely affect the responsiveness of supply chain and decision making processes. The RFID visibility...
With globalization and the emergence of the extended enterprise of interdependent organizations, there has been a steady increase in good suppliers' demands. This leads firms to give more importance to the purchasing function and its associated decisions. The process of supplier selection is very complex in the supply chain management, which includes both qualitative and quantitative factors, and...
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