A HYBRID MCDM MODEL ENCOMPASSING AHP AND COPRAS-G METHODS FOR SELECTING COMPANY SUPPLIER IN IRAN

Author:

Zolfani Sarfaraz Hashemkhani1,Chen I-Shuo2,Rezaeiniya Nahid3,Tamošaitienė Jolanta4

Affiliation:

1. Research Institute of Internet and Intelligent Technologies, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania; Shomal University, P.O. Box 731, Amol, Mazandaran, Iran

2. School of Business (Research) Trinity College Dublin, College Green, Dublin 2, Ireland

3. Alghadir Institute of Higher Education P.O. Box 5166898691, Tabriz, Azarbaijan Sharghi, Iran

4. Department of Construction Technology and Management, Vilnius Gediminas Technical University, Saulėtekio al. 11, LT-10223 Vilnius, Lithuania

Abstract

This paper is aimed at utilizing a hybrid multi-criteria decision making (MCDM) model for selecting a supplier. First, eight evaluation criteria, including cost, quality, distance, delivery reliability, reputation, technology level, compatibility and development ability are identified. The A nalytic H ierarchical P rocess (AHP) is initially used for calculating the weight of each criterion. The CO mplex PR oportional AS sessment of alternatives to G rey relations (COPRAS-G method) is adopted for ranking and selecting suppliers. In order to illustrate the functional ability of the developed model, Kalleh Company is chosen as a case study and can be used as a pattern for supplier selection and future researches.

Publisher

Vilnius Gediminas Technical University

Subject

Finance

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