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Comparative Analysis of Factors for Supplier Selection and Monitoring: The Case of the Automotive Industry in Thailand

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  • Juthathip Suraraksa

    (Graduate School of Logistics, Incheon National University, Incheon 22012, Korea)

  • Kwang Sup Shin

    (Graduate School of Logistics, Incheon National University, Incheon 22012, Korea)

Abstract

The integration of the global market makes the supply chain more complex and has great impacts on efficient supplier management strategies. The aim of this study is to present a systematic supplier management framework to integrate supplier selection and monitoring phases, which are not independent of each other. However, only a few previous studies have pointed out the differences between the two phases. The proposed methodology integrates a quantitative and qualitative approach, formulating multi-criteria decision making (MCDM) using the analytic hierarchy process (AHP) to evaluate the priorities of these criteria. This research explores the difference in the set of criteria for supplier selection and supplier monitoring. The results provide comprehensive insights into the criteria to help decision-makers, managers, and practitioners select appropriate suppliers and monitor suppliers’ performances in the automotive industry. Based on the result, it can be said that a company should integrate the supplier selection and monitoring process. Furthermore, the purchasing and manufacturing manager should continuously collaborate and synchronize the relative weights for the critical factors.

Suggested Citation

  • Juthathip Suraraksa & Kwang Sup Shin, 2019. "Comparative Analysis of Factors for Supplier Selection and Monitoring: The Case of the Automotive Industry in Thailand," Sustainability, MDPI, vol. 11(4), pages 1-19, February.
    • Handle: RePEc:gam:jsusta:v:11:y:2019:i:4:p:981-:d:205875
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    References listed on IDEAS

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    Cited by:

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    2. Shivani Guru & D. K. Mahalik, 2019. "A comparative study on performance measurement of Indian public sector banks using AHP-TOPSIS and AHP-grey relational analysis," OPSEARCH, Springer;Operational Research Society of India, vol. 56(4), pages 1213-1239, December.
    3. Benedictus Rahardjo & Fu-Kwun Wang & Shih-Che Lo & Jia-Hong Chou, 2023. "A Hybrid Multi-Criteria Decision-Making Model Combining DANP with VIKOR for Sustainable Supplier Selection in Electronics Industry," Sustainability, MDPI, vol. 15(5), pages 1-21, March.
    4. Chaiyawit Muangmee & Zdzisława Dacko-Pikiewicz & Nusanee Meekaewkunchorn & Nuttapon Kassakorn & Bilal Khalid, 2021. "Green Entrepreneurial Orientation and Green Innovation in Small and Medium-Sized Enterprises (SMEs)," Social Sciences, MDPI, vol. 10(4), pages 1-15, April.
    5. Andreas Schiessl & Richard Müller & Rebekka Volk & Konrad Zimmer & Patrick Breun & Frank Schultmann, 2020. "Integrating site-specific environmental impact assessment in supplier selection: exemplary application to steel procurement," Journal of Business Economics, Springer, vol. 90(9), pages 1409-1457, November.

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