Conference Papers

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    A Sustainable Green Supplier Selection Using CRITIC Method
    (Springer Science and Business Media Deutschland GmbH, 2023) Vadivel, S.M.; Shetty, D.S.; Sequeira, A.H.; Nagaraj, E.; Sakthivel, V.
    A supplier selection is a MCDM problem in nature as it deals with different criteria or attributes to find it out best one. It is a strategic decision approach for the ABC manufacturing company located in Chennai, Tamil Nadu, and Southern India. Currently, they are having five alternative suppliers by supplying raw materials in different sources. Management techniques will helpful in finding out importance of most weightage criteria to analyze the suppliers for their long term relationship and partnership. A CRITIC (Criteria Importance through Inter criteria Correlation) method, a MCDM technique will be helpful to identify this problem. We have considered here 6 attributes such as financial perspective, customer perspective, process perspective, Innovation and learning perspective, environmental perspective and social perspective. The purchasing manager interviewed and surveyed to identify the most importance criteria taken into consideration for selecting their supplier to their ABC firms. The CRITIC method used here to find out best weightage by considering quantitative as well as qualitative data for their firms. © 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.
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    Evaluation of Vendor Analysis Using AHP at TUV Manufacturing Company
    (Springer Science and Business Media Deutschland GmbH, 2024) Vadivel, S.M.; Asuvaitha, A.; Rea, R.S.C.; Veeraraghavan, R.; Sequeira, A.H.
    For an organization in a manufacturing industry to be able to sustain itself in a competitive environment, the purchasing process plays an important role. It is the procurement department’s responsibility to select the most desirable vendors and periodically evaluate their vendor performance in order to retain them. This study, Development and Evaluation of Vendor Analysis in TUV, deals with the process of assessing a company’s relationships with its suppliers and vendors, analyzing their effectiveness, and making changes if necessary. Vendor analysis is a critical and complex component of any business that relies on third-party providers to obtain materials or services based on several agreed-upon and contractual Key Performance Indicators (KPIs), such as the vendor’s infrastructure, product quality, delivery, cost, housekeeping, availability of qualified personnel, record of standard availability, and financial capability. Multi-criterion decision-making (MCDM) techniques are used to handle these complexities, allowing consistent and effective decision-making and the selection of the best suitable supplier. This study utilizes the Analytic Hierarchy Process (AHP) to evaluate suppliers and select the most suitable vendors. By understanding vendor analysis and its importance, businesses can create strong partnerships that benefit both parties. © The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.