• Title/Summary/Keyword: Vendor Selection

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Vendor Selection Using TOPSIS and Optimal Order Allocation (TOPIS를 이용한 공급업체 선정과 최적주문량 결정)

  • Kim, Joon-Seok
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.2
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    • pp.1-8
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    • 2010
  • A vendor selection problem consists of two different kinds of decision making. First one is to choose the best suppliers among all possible suppliers and the next is to allocate the optimal quantities of orders among the selected vendors. In this study, an integration of the technique for order preference by similarity to ideal solution (TOPSIS) and a multi-objective mixed integer programming (MOMIP) is developed to account for all qualitative and quantitative factors which are used to evaluate and choose the best group of vendors and to decide the optimal order quantity for each vendor. A solution methodology for the vendor selection model of multiple-vendor, multiple-item with multiple decision criteria and in respect to finite vendor capacity is presented.

The Buying Behavior of Apparel Retail Buyers ; Satisfaction with Store Performance, Vendor Selection Criteria, and Information Sources (의류 소매업자들의 구매행동에 관한 연구 -상점 성과 만족도, 공급원 선택기준, 정보원 사용을 중심으로-)

  • 박은수;이설란
    • The Research Journal of the Costume Culture
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    • v.6 no.4
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    • pp.136-148
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    • 1998
  • A apparel retail buyer played an important role in the market by providing apparel products for consumers and acting as an specialist who selected the vendor and decided the apparel product assortment. The purpose of this study was to investigate the relationships among the vendor selection criteria and information sources used by retailers and the satisfaction with store performance. A questionnaire was developed based on the previous studies and pretest. Data were collected from 237 retailers for women's apparel living in Pusan. Results indicated that they didn't significantly relate among the vendor selection criteria, information sources and the satisfaction with store performance except the harmony of buying products and existing products. Only the age and the buying experience showed significance in relation to demographics of apparel retailers among the vendor selection criteria, information sources and the satisfaction with store performance. The information source affected the vendor selection criteria was the street fashion, the apparel of entertainers, the other apparel buyer, and the owner of production. The findings had implications for retailers as well as for researchers.

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ASP Vendor Attributes that Affect ASP Client Satisfaction (ASP(Application Service Provider) 사용 기업 만족도에 영향을 미치는 공급사 특성에 관한 연구)

  • Kim, Gyeong-Min;Lee, Myung-Jin
    • Journal of Information Technology Applications and Management
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    • v.11 no.2
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    • pp.65-80
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    • 2004
  • The primary purpose of this study is to investigate ASP (Application Service Provider) vendor attributes that affect ASP client satisfaction. From the relevant literature, ASP vendor attributes that might affect the ASP client satisfaction were derived from which the survey questions were formulated. The survey was conducted among the companies that have adopted ASP. Through the factor analysis of the survey results, the following vendor attributes - vendor's IT infra structure, service reliability, service flexibility, vendor stability, IS maturity, information sharing - were derived ; and the relationships between those attributes and ASP client satisfaction were explored. The result of this study revealed that IT infra, service flexibility, vendor stability are related to ASP client satisfaction. The customer satisfaction factors in the traditional outsourcing -- reliability, IS maturity, information sharing were proved to be not applied in ASP environment. This study provides ASP vendors with guidelines on how to improve their ASP strategies to satisfy clients. The results of this study can also be used by client companies as a decision basis for ASP vendor selection.

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A Study on E-Marketplace Solution Selection Factors (e-마켓플레이스 솔루션 선정 요인에 관한 연구)

  • Kwon, Hyuk-In;Yoon, Sim;Lee, Eun-Hyung
    • Journal of Korea Multimedia Society
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    • v.5 no.6
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    • pp.712-729
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    • 2002
  • In this study, we evaluated degree of importance of e-marketplace solution selection factors. Factor analysis was conducted to find out relationships among various variables which come from literature survey. The result shows that 16(sixteen) -selection variables regarding solution characteristics could be grouped into four areas 'flexibility', 'ease of use', 'security', and 'economy'. And 11(eleven) selection variables regarding to vendor characteristics could be grouped into three areas, 'vendor's support', vendor's general situation', and 'vendor's business accomplishment`. Through various analysis, we found important factors for 3 types of operational companies, buyer-biased, seller biased and neutral. 'Security for data item' was showed as the most important factor for all kind of B2B operational companies. For buyer-biased companies, additional supporting manpower, solution education, and educational cost are shown to be more important factors than others. Place of education, education hours and education level are important for 'Neutral' companies. And the factor 'market share of vendor' are important for 'seller biased' companies.

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The Effect of Need Criteria on Information Searches and Types of Buying Task of Apparel Buyers in Department Store (백화점 의류 바이어의 정보탐색과 구매과업의 유형에 대한 욕구기준의 영향)

  • Hahn, Seong-Ji;Kim, Moon-Sook;Yoo, Dong-Keun
    • Journal of the Korean Society of Clothing and Textiles
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    • v.19 no.3
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    • pp.416-425
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    • 1995
  • The purposes of this study were to identify buyers' need criteria on product/vendor selection criteria of apparel buyers in department store and to investigate the relatonships among buyers' need criteria, information search behavior, types of buying task and influential factors on buying behavior of buyers(individual characteristics, organizational characteristics, and customer perception characteristics). A questionnaire was developed to measure research subjects based on theoretical study empirically. The questionnaire was administered to 159 apparel buyers of 11 department stores in Seoul. The results of empirical studies were summarized as follows. 1. The need criteria of buyers on product/vendor selection criteria were classified into five types : vendor characteristics; quality characteristics; price characteristics; brand characteristics; product characteristics and the need criteria differed significantly by influencing factors on buying behavior of buyers. 2. There were no relationships between information types and amounts of information search but information types differed significantly by need criteria and individual characteristics 3. Types of buying task were significantly different according to need criteria of buyers and organizational characteristics. 4. Buying policy of department store was significantly different according to organizational characteristics.

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An Empirical Study on Supplier Selection based on Analytic Hierarchy Process (공급업체 선정에 대한 의사결정에 관한 연구)

  • Lee, Wook-Gee
    • Journal of Digital Convergence
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    • v.3 no.2
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    • pp.23-37
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    • 2005
  • On the situation cooperating with business partners on the supply chain, systematic decision making process is a critical issue for them. The two major issues of purchasing strategy such as selecting vendors and managing them are important part of their overall business activities. This study mainly focus on the former issue of the vendor selection. Through the empirical study, analytical hierarchy process (AHP) method was applied to select vendors among supplier vendors based on four selection criteria such as the level of quality, product on management ability, delivery, and price. The results of study showed the main criteria of vender selection was the ability of quality management. The vender selected based on AHP and the current selection method was different, but implicitly projected the dilemma situation between quality and price which occurs in decision making process of real life.

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An Empirical Study on Supplier Selection based on Analytic Hierarchy Process (공급업체 선정에 대한 의사결정에 관한 연구)

  • Lee, Uk-Gi;Kim, Ju-Wan
    • 한국디지털정책학회:학술대회논문집
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    • 2005.11a
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    • pp.367-381
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    • 2005
  • On the situation cooperating with business partners on the supply chain, systematic decision making process is a critical issue for them. The two major issues of purchasing strategy such as selecting vendors and managing them are important part of their overall business activities. This study mainly focus on the former issue of the vendor selection. Through the empirical study, analytical hierarchy process (AHP) method was applied to select vendors among supplier vendors based on four selection criteria such as the level of quality, product on management ability, delivery, and price. The results of study showed the main criteria of vender selection was the ability of quality management. The vender selected based on AHP and the current selection method was different, but implicitly projected the dilemma situation between quality and price which occurs in decision making process of real life.

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A guideline for evaluating EIS software packages

  • Byun, Daeho;Suh, Euiho
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1994.04a
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    • pp.344-354
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    • 1994
  • In the development of executive information systems (EIS) the selection of an appropriate software package as a system building tool is regarded as a key technology. This paper attempts to shed some light on the evolving field of EIS software packages and provides a helpful Guideline for selecting the most suitable product by addressing significant considerations. A framework is presented that includes a six-step evaluation process: need analysis, team building, vendor survey, identification of decision criteria, and building an evaluation model and its verification. The major evaluation criteria of the full-featured software include: special functionality, reporting, graphics. decision support capability user friendliness, general functionality physical requirements, communication linkage, vendor support, cost related factors, performance, and documentation capability. An illustrative model using the analytic hierarchy process (AHP) method is also discussed to prove the appropriateness of our approach.

Developing an lncentive System to Improve the Efficiency of Logistics Between Related Enterprises (중소기업과 대기업간 물류효율성 제고를 위한 연구: 공급사슬상의 보상시스템을 고려하여)

  • 유석천;임호순;김연성
    • Journal of the Korean Operations Research and Management Science Society
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    • v.25 no.2
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    • pp.11-22
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    • 2000
  • The unit of competition is not a single firm any more but group of firms. They make a supply chain and compete with other chains. In this study we investigate success factors of supply chains from the supplying firms perspective. We consider various success factors such as commitmet trust communication confilct re-solving techniques vendor selection process and incentive systems. A set of hypotheses is tested based on the data collected from the electronics and automobile part manufacturers. Samples are divided by the length of the relationship between the vendor and assembler. joint problem solving under the long-term relationship plays an important role for the success of the supply chain. The findings offer insight into how to better manage the sup-ply chains.

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Differences Between Client's and Supplier's receptions of IT Outsourcing Risks (IT아웃소싱 위험에 대한 고객과 공급업체와의 인식 차이)

  • Kim, Kyung-Ihl
    • Journal of Convergence for Information Technology
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    • v.8 no.5
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    • pp.237-242
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    • 2018
  • Researchers have suggested successful risk management as a key factor in successful IT outsourcing projects implementation. The documented investigations, however, have mainly addressed risk management only from a single perspective of either clients or IT vendors. This study explored the potential perception inconsistency regarding the risks between the client and the vendor for IT outsourcing projects by using a quasi-Delphi approach. The analysis results indicated some inconsistencies in the risks perceived by the two parties: (1) the clients regarded (a) lack of vendor commitment to the project and (b) poor vendor selection criteria and process as top critical risks but the vendors didn't; and (2) on the other hand, the vendors perceived (a) unclear requirements and (b) lack of experience and expertise with project activities as significant risks but the clients didn't. Insights into how the client and the vendor perceive risks may help both parties determine how to partner and manage project risks collaboratively to succeed in outsourcing.