Analytic Network Process (ANP): An Approach for Supplier Selection in an Automobile Organization

ABSTRACT

For any organization, the most important decision is purchasing goods and services selection is one of the most critical activities of purchase management in supply chain. Significant suppliers play an important role in the competitive market. Better suppliers perform the better organization. The supplier selection of a leading automobile organization is analyzed in this study. Analytic Network Process (ANP) is employed for the supplier selection. Authors make step wise pros and cons and list shortcuts under the guidance of an expert from the organization. Each supplier is evaluated and weights/rank of each supplier is determined. Highest rank supplier is shortlisted among the selectors.

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Updated: June 26, 2023 — 3:23 am