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Reinvestigating vendor selection criteria in the iron and steel industry

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  • Arpan Kumar Kar

Abstract

Vendor selection is an important domain in purchasing. However, too many evaluation criteria have been used in literature. This case study identifies and prioritises the important vendor selection criteria in the iron and steel industry in India. A mixed methodological approach has been conducted in this study. First, a Delphi study has been conducted to identify the important evaluation criteria. Subsequently, the fuzzy extension of AHP has been used to prioritise these important evaluation criteria from the perspective of key decision makers. The study highlights that product quality, delivery compliance and price are the three most important criteria for the evaluation of vendors in the iron and steel industry. Further, technological capability, production capability, financial strength and electronic transaction capability are the other important criteria for the evaluation of vendors.

Suggested Citation

  • Arpan Kumar Kar, 2015. "Reinvestigating vendor selection criteria in the iron and steel industry," International Journal of Procurement Management, Inderscience Enterprises Ltd, vol. 8(5), pages 570-586.
    • Handle: RePEc:ids:ijpman:v:8:y:2015:i:5:p:570-586
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