Supplier Selection Problem: Integrating Grey Relational Analysis and TOPSIS

2008 ◽  
Author(s):  
Hsuan-Shih Lee
Keyword(s):  
Grey Relational Analysis ◽  
Supplier Selection ◽  
Selection Problem ◽  
Relational Analysis ◽  
Grey Relational ◽  
Supplier Selection Problem

scholarly journals Evaluation of Supplier Selection in Manufacturing Industries using Grey Relational Analysis- A Case Study

2014 ◽  
pp. 104-109
Author(s):  
Veera Bahadur Aravind Reddy K ◽  
Saras Chandra T Reddy ◽  
G. Rajyalakshmi
Keyword(s):  
Grey Relational Analysis ◽  
Supplier Selection ◽  
Selection Process ◽  
Evaluation Model ◽  
Evaluation Criteria ◽  
Objective Evaluation ◽  
Supply Contract ◽  
Relational Analysis ◽  
Order Quantities ◽  
Grey Relational

Selection of supplier is one of the most critical activities performed by the organizations because of its strategic importance. Over the years a number of quantitative approaches have been applied to supplier selection problems. The selection process is commonly based on their previous performance records, so the ranking determines which supplier will get their supply contract. However a survey on current evaluation methods shows that they are all less objective and lack accurate data processing. These evaluation criteria often conflict, however and it is frequently impossible to find a supplier that excels in all areas. In addition some of the criteria are quantitative and some are qualitative. Thus a methodology is needed that can capture both subjective and objective evaluation measures. In this paper, we presented AHP and Grey Relational Analysis to establish a complete and accurate evaluation model for selecting suppliers based on multiple criteria and places the order quantities among them for a spinning industry

scholarly journals Grey Relational Evaluation of the Supplier Selection Criteria in Indonesian Hospitality Industry

2021 ◽  
Vol 1 (2) ◽  
pp. 47-59
Author(s):  
Fosctin Angela ◽  
Angelina Angelina
Keyword(s):  
Food Quality ◽  
Grey Relational Analysis ◽  
Supplier Selection ◽  
Selection Criteria ◽  
Hospitality Industry ◽  
Relational Analysis ◽  
Grey Relational

The study aims to identify and evaluate the key criteria for food supplier selection in the Indonesian hospitality industry. A survey was sent to experts in Indonesia and based on their opinions the supplier selection criteria were evaluated using the Grey Relational Analysis (GRA). The study found that price is the most important supplier selection criteria, followed by food quality, and return-ability of problematic food. The study also reports that the variation in the distinguishing coefficient of the GRA influences the ranking.  

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