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Vendor Selection Using Interpretive Structural Modelling (ISM)
Abstract
Vendor selection is one of the most important activities of a purchasing department. Traditionally, vendors are selected for their ability to meet the quality requirement, delivery performance and the price offered. However, as they are selected not only to meet the immediate requirement but also future needs, one needs to consider many other factors when selecting a reliable vendor. Analyses some of the most important criteria which have been classified into four categories: autonomous, dependent, linkage and driver depending on their driver power and dependence. Develops an interpretive structural model (ISM) to show the inter‐relationship of different criteria and their levels of importance in the vendor selection process. Reveals that “attitude and willingness for business” and “after sales service” are as important factors as quality, delivery and practice. These criteria are dependent on all the others. This analysis could provide a meaningful analytical base in the vendor selection process.
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Citations
Cited by
Perspectives in supply chain risk management
Tang, C. S. (2006) · International Journal of Production Economics · doi:10.1016/j.ijpe.2005.12.006 · Cited by 2,577
A review of methods supporting supplier selection
de Boer, L., Labro, E., & Morlacchi, P. (2001) · European Journal of Purchasing & Supply Management · doi:10.1016/s0969-7012(00)00028-9 · Cited by 1,510
An analysis of the drivers affecting the implementation of green supply chain management
Diabat, A., & Govindan, K. (2011) · Resources, Conservation and Recycling · doi:10.1016/j.resconrec.2010.12.002 · Cited by 938
Interpreting the Interpretive Structural Model
Sushil (2012) · Global Journal of Flexible Systems Management · doi:10.1007/s40171-012-0008-3 · Cited by 889
An ISM approach for the barrier analysis in implementing green supply chain management
Mathiyazhagan, K., Govindan, K., NoorulHaq, A., & Geng, Y. (2013) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2012.10.042 · Cited by 788
Metadata
- Authors
- Mandal, A., & Deshmukh, S. G.
- Venue
- International Journal of Operations & Production Management
- Publisher
- Emerald
- Published
- 1994-06-01
- Volume
- 14
- Issue
- 6
- Pages
- 52-59
- ISSN
- 0144-3577 (ISSN-L)
- OpenAlex
- W2093996214
- Cited by
- 974
- References
- 0
- FWCI
- 2.60
- Type
- journal article
- Language
- en
- Open access
- closed
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- Mandal, A., & Deshmukh, S. G. (1994). Vendor Selection Using Interpretive Structural Modelling (ISM). International Journal of Operations & Production Management. https://doi.org/10.1108/01443579410062086
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.