Supplier Selection Using TOPSIS in Door and Window Industry

Supplier Selection Using TOPSIS in Door and Window Industry

Abhay Pratap Pal

Abstract

In today’s highly competitive environment where industries growing too fast and their requirement also which increase in the suppliers who help in manufacturing process little faster. As we can see India is emerging market for Door and windows, Façade market and last one Decade its grown a lot and Bigger company involved in manufacturing of door and windows segment and even large no. start-up had been seen in this industry Which led to increase in supplier and vendor to . for such industries effective supplier selection process is very important to the success of any manufacturing organization. Supplier selection represents one of the most important functions to be performed by the companies’ respective departments. Supplier selection is a multi-criterion problem which includes both qualitative and quantitative factors. A number of models and techniques have been developed to deal with selecting and evaluating suppliers and to best possible supplier among them. The aim of this study is developing a methodology to evaluate suppliers and select best supplier among big list in supply chain cycle based on Technique for Order Preference by Similarity to Ideal Solution method (TOPSIS). The authors, with the help of going over expertise of experts and their relevant specialized literature, could recognize variables and effective criteria in supplier selection.

Keywords: # Inventory Management, #Weightage Criteria, #Manufacturing industry, # Topsis Method, #Fenestration.