Optimizing whole supply chain benefit versus buyer's benefit through supplier selection
A number of mathematical models have been developed for modeling the supplier selection problem. Most of these models have considered the buyer's viewpoint and maximized only the buyer's benefit. This does not necessarily lead to an optimal situation for all members of a supply chain. Co-ordination models have been presented to optimize the benefits of all the members and alignment of decisions between entities of a supply chain. In this paper, the issue of coordination between one buyer and multiple potential suppliers in the supplier selection process has been considered. On the other hand, in the objective function of the model, the total cost of the supply chain is minimized rather than only the buyer's cost. The total cost of the supply chain includes the buyer's cost and suppliers' costs. The model has been solved by applying mixed-integer nonlinear programming. Finally, the proposed method is illustrated by a numerical example.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:121:y:2009:i:2:p:482-493. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.