STRATEGIC SELECTION OF SUPPLIERS USING CORRECTED FACTOR ANALYSIS BASED ON DATA ENVELOPMENT ANALYSIS

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HEKMAT SIYAVASH; AMIRI MAGHSOUD

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Journal: JOURNAL OF DEVELOPMENT & EVOLUTION MANAGEMENT Year:2013 | Volume:5 | Issue:12 Page(s): 51-64

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Title

STRATEGIC SELECTION OF SUPPLIERS USING CORRECTED FACTOR ANALYSIS BASED ON DATA ENVELOPMENT ANALYSIS

Author(s)

HEKMAT SIYAVASH | AMIRI MAGHSOUD | Issue Writer Certificate

Keywords

SUPPLY CHAIN MANAGEMENTQ2

STRATEGIC MANAGEMENTQ2

DATA ENVELOPMENT ANALYSISQ2

MULTI-ATTRIBUTE DECISION MAKINGQ2

FACTOR ANALYSISQ2

PRINCIPAL COMPONENT ANALYSISQ2

Abstract

Establishment of strategic alliances and formation of integrated supply chains is an obligation nowadays. This is mainly forced by the necessity of specialization of businesses as the result of market requirements and tendency of customers to customized products and services. Under present circumstances, a supplier selection approach which is compatible with the long-term objectives and strategies of the enterprise increases corporate efficiency and effectiveness; this leads to a more productive enterprise.This research focuses on the strategic selection of suppliers considering the interrelation of decision data. Here, an integrated structure is built in order to appropriate determination of enterprise strategies as well as their transformation into applicable criteria for supplier selection. This structure employs a combination of an adjusted FACTOR ANALYSIS approach with multiattribute decision making techniques within DATA ENVELOPMENT ANALYSIS framework to evaluate decision alternatives; the alternatives which are not appropriate to be evaluated with traditional approaches of DATA ENVELOPMENT ANALYSIS due to small number of them. Finally, the presented methodology is implemented in a corporation within Iranian foodstuff industry and its results are validated using a nonparametric statistical test in comparison with an extended model of DATA ENVELOPMENT ANALYSIS.

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APA: Copy

HEKMAT, SIYAVASH, & AMIRI, MAGHSOUD. (2013). STRATEGIC SELECTION OF SUPPLIERS USING CORRECTED FACTOR ANALYSIS BASED ON DATA ENVELOPMENT ANALYSIS. JOURNAL OF DEVELOPMENT & EVOLUTION MANAGEMENT, 5(12), 51-64. SID. https://sid.ir/paper/205780/en

Vancouver: Copy

HEKMAT SIYAVASH, AMIRI MAGHSOUD. STRATEGIC SELECTION OF SUPPLIERS USING CORRECTED FACTOR ANALYSIS BASED ON DATA ENVELOPMENT ANALYSIS. JOURNAL OF DEVELOPMENT & EVOLUTION MANAGEMENT[Internet]. 2013;5(12):51-64. Available from: https://sid.ir/paper/205780/en

IEEE: Copy

SIYAVASH HEKMAT, and MAGHSOUD AMIRI, “STRATEGIC SELECTION OF SUPPLIERS USING CORRECTED FACTOR ANALYSIS BASED ON DATA ENVELOPMENT ANALYSIS,” JOURNAL OF DEVELOPMENT & EVOLUTION MANAGEMENT, vol. 5, no. 12, pp. 51–64, 2013, [Online]. Available: https://sid.ir/paper/205780/en

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