Agile Supplier Evaluation Using Hierarchical TOPSIS Method

Abstract

Increased competitiveness of the market enforces companies to respond quickly and appropriately to sudden changes in the market in order to adapt to continuously updated conditions of business environment and keep their survivals. Agility concept rises at this level due to necessity of coping with unpredictable changes and uncertainty. Agility enables the firms responsiveness in a quick and an effective way to the set of interdependent changes required in design, production, marketing and organization of the companies. This study addresses agile supplier selection problem. Hierarchical fuzzy technique for order preference by similarity to ideal solution approach (TOPSIS) is proposed for agile supplier selection problem in an airline company.