RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHOD

The first step in starting each production is the choice of suppliers. The choice of suppliers is influenced by many factors that differ depending on whether it is the first relationship with suppliers or it is about establishing partnerships with suppliers. Factors influencing selection are differ...

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Main Authors: Adis Puška, Sead Šadić, Admir I. Beganović
Format: Article
Language:English
Published: Faculty of Economics, University of Tuzla 2017-05-01
Series:Economic Review
Subjects:
Online Access:http://er.ef.untz.ba/index.php/er/article/view/108
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author Adis Puška
Sead Šadić
Admir I. Beganović
author_facet Adis Puška
Sead Šadić
Admir I. Beganović
author_sort Adis Puška
collection DOAJ
description The first step in starting each production is the choice of suppliers. The choice of suppliers is influenced by many factors that differ depending on whether it is the first relationship with suppliers or it is about establishing partnerships with suppliers. Factors influencing selection are different and depend on business cooperation with suppliers themselves. Unlike other works, this paper applies expert judgment in the rankings of supplier selection factors. Experts include those scientists who published scientific papers on this subject by the prestigious Elsevier publishing house. Experts were assigned a survey questionnaire containing 39 factors for supplier selection to which they gave their opinion on which of these factors is important for establishing new cooperation or establishing partnerships with suppliers. The answers received were processed and the factors were ranked using the fuzzy TOPSIS method. The results showed that various factors are used in this cooperation with suppliers.
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id doaj-art-f1a3e53c4bd34fe583752b187cc9a0fc
institution Kabale University
issn 1512-8962
2303-680X
language English
publishDate 2017-05-01
publisher Faculty of Economics, University of Tuzla
record_format Article
series Economic Review
spelling doaj-art-f1a3e53c4bd34fe583752b187cc9a0fc2025-02-10T00:31:08ZengFaculty of Economics, University of TuzlaEconomic Review1512-89622303-680X2017-05-01151RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHODAdis Puška0Sead Šadić1Admir I. Beganović2College of Computer Science and Business Communications eMPIRICA, Bosnia and HerzegovinaPHI Health Center Brčko, Bosnia and HerzegovinaThe University of Business Studies Banja Luka, Bosnia and Herzegovina The first step in starting each production is the choice of suppliers. The choice of suppliers is influenced by many factors that differ depending on whether it is the first relationship with suppliers or it is about establishing partnerships with suppliers. Factors influencing selection are different and depend on business cooperation with suppliers themselves. Unlike other works, this paper applies expert judgment in the rankings of supplier selection factors. Experts include those scientists who published scientific papers on this subject by the prestigious Elsevier publishing house. Experts were assigned a survey questionnaire containing 39 factors for supplier selection to which they gave their opinion on which of these factors is important for establishing new cooperation or establishing partnerships with suppliers. The answers received were processed and the factors were ranked using the fuzzy TOPSIS method. The results showed that various factors are used in this cooperation with suppliers. http://er.ef.untz.ba/index.php/er/article/view/108supplier selectionexpert opinionfuzzy TOPSIS
spellingShingle Adis Puška
Sead Šadić
Admir I. Beganović
RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHOD
Economic Review
supplier selection
expert opinion
fuzzy TOPSIS
title RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHOD
title_full RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHOD
title_fullStr RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHOD
title_full_unstemmed RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHOD
title_short RANKING FACTORS FOR SUPPLIER SELECTION WITH APPLICATION OF THE FTOPSIS METHOD
title_sort ranking factors for supplier selection with application of the ftopsis method
topic supplier selection
expert opinion
fuzzy TOPSIS
url http://er.ef.untz.ba/index.php/er/article/view/108
work_keys_str_mv AT adispuska rankingfactorsforsupplierselectionwithapplicationoftheftopsismethod
AT seadsadic rankingfactorsforsupplierselectionwithapplicationoftheftopsismethod
AT admiribeganovic rankingfactorsforsupplierselectionwithapplicationoftheftopsismethod