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Selection of Suppliers in the Retail Industry

Haoshen Liang

Abstract


With the rapid advancement of economic globalization and the rapid development of information technology, since the 1990s, the production-centered management mode has been unable to meet the needs of modern market competition, and replaced by the customer-centered supply chain management.In the mode of supply chain management, the competition among individual enterprises becomes the competition among the supply chains of enterprises.The core competitiveness of supply chain is reflected in the level of customer service, the response time of customer demand and the level of operation cost.

Keywords


Selection of Supplier; Retail Industry

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References


[1] Weber CA, Current JR, Benton WC. Vendor selection criteria and methods. European Journal of Operational Research 1991; 50(1): 2-18.

[2] Ho W, Xu X, Dey PK. Multi-criteria decision making approaches for supplier evaluation and selection: a literature review. European Journal of Operational Research 2010; 202(1): 16-24.

[3] Shukla MK. Supplier evaluation and selection criteria in business performance of small and medium scale enterprise. International Research Journal of Engineering and Technology 2016; 3(6): 70-76.




DOI: http://dx.doi.org/10.18686/ahe.v4i6.2338

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