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Multi-objective supplier selection process: a simulation-optimization framework integrated with MCDM

delete2022-01-14
delete13
PRE
AI
N
Nihan Kabadayı
M
Mohammad Dehghanimohammadabadi *
DOI:10.1007/s10479-021-04424-2delete
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Abstract

Abstract

En 中文
As a multi-criteria decision-making (MCDM) problem, supplier selection plays a key role in achieving the objectives of a supply chain system. Multiple strategic, operational, quantitative, and qualitative criteria influence the supplier selection process. A wide spectrum of criteria have been introduced, classified, and used by researchers and practitioners to evaluate the suppliers' performance; however, measuring and employing all of these criteria is impractical in real-world scenarios due to the budget, time, and information limitations. In this study, a decision support system (DSS) is developed, which helps managers to select a set of most effective criteria for the supplier selection process. This DSS is a threefold integration of MCDM and simulation and optimization. In this framework, the MCDM module incorporates a combination of criteria to select the suppliers. Then, a simulation model is used to evaluate the performance of the supply chain system considering the selected suppliers. Based on the simulation results, a multi-objective metaheuristic algorithm is utilized to find the ideal combinations of the criteria to maximize the supply chain system performance.
Keywords:
Supplier selection
Simheuristics
Simio-MATLAB integration
TOPSIS
NSGA-II

Journal

Annals of Operations Research cover
Annals of Operations Research
IF:
4.5
Papers:
8.1K
Citations:
2.1W

Organization

I
Istanbul University
Scholars:
1.2W
Papers: 7.8K
Citations: 6
N
Northeastern University
Scholars:
2.5W
Papers: 1.6W
Citations: 3.0W
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