Keywords— vendor, criteria, data envelopement analysis, integer programming
I. Introduction
A supply chain is a network which connects customers, vendors, inventories, and retailers, and each role plays part in providing customers with a service or product. The management of this chain has become a critical aspect in today’s fiercely competitive business environment. Supply Chain Management (SCM) is now an integral part of company activities covering areas such as purchasing management, transportation management, production management, ware housing management, inventory management etc. It basically includes the process of dealing with demand and managing the flow of products throughout the firm’s activities. One of the most important aspects in SCM is purchasing …show more content…
A potential use of evaluating the aggregate performance of vendors is to provide improvement targets for current vendors which aids in forming the policy for