A Multi Criteria Decision Making Approach for Suppliers Selection

The study deals with the factors affecting the supplier selection process, to study the interaction between them and thus empirically assess which factors are most influencing one in supply chain operations which must be given careful attention. For studying the interaction between the factors and prioritizing the factors, we have used ISM (Interpretive Structural Modeling) technique, by which we got the weights for the performance factors which are examined and ranked. AHP (Analytical Hierarchy Process) is used to rank the supplier and found out the best supplier from the group of supplier. This method is applied to an automotive component manufacturing industry in the southern part of India. Qualification and final selection of the supplier are done based on the method proposed. We have collected the data from the mentioned industry and the results are implemented by the industry. (C) 2012 Published by Elsevier Ltd. Selection. and/or peer-review under responsibility of Noorul Islam Centre for Higher Education.