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Title: Multiobjective vendor allocation in multiechelon inventory systems: A spreadsheet model
Authors: Lam, S.W. 
Tang, L.C. 
Keywords: Multiechelon inventory systems
Multiobjective linear programming
Suppliers' management
Vendor selection problem
Issue Date: May-2006
Citation: Lam, S.W., Tang, L.C. (2006-05). Multiobjective vendor allocation in multiechelon inventory systems: A spreadsheet model. Journal of the Operational Research Society 57 (5) : 561-578. ScholarBank@NUS Repository.
Abstract: The vendor selection problem (VSP) is a critical element of the numerous managerial decisions in the consideration of both outsourcing and integrated supply chain management. Many papers in the literature have dealt with VSPs from a multicriteria perspective, but few have looked into the implications of such decisions in a multiechelon supply chain with the explicit consideration of multiple time-phased demands. A new integrated supply chain model is proposed for a multiechelon supply chain. This model takes into account the usual cost objective and other important criteria in a multiechelon supply chain ranging from the most upstream suppliers' quality to end customers' satisfaction level through a large-scale multiobjective linear programme (MOLP). Furthermore, various Pareto optimal solutions can be graphically presented to facilitate decision making and negotiations with existing and potential suppliers. © 2006 Operational Research Society Ltd. All rights reserved.
Source Title: Journal of the Operational Research Society
ISSN: 01605682
Appears in Collections:Staff Publications

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