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Exploiting the Chain Convenience Store Supplier Selection Based on ANP-MOP Model

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  • Yaqin Ou
  • Bo Liu

Abstract

The purchase cost of chain convenience stores accounts for a large proportion of the total cost. Enterprises are facing the problem of how to reasonably reduce the purchase cost while ensuring the quality of service. This paper first considers the uniqueness of chain convenience stores, draws on existing research results, and establishes an evaluation index system for chain convenience store suppliers through field research. Then, we use the principal component analysis method of selection to determine the weight of each index and make a preliminary ranking of the importance of chain convenience store suppliers. Secondly, according to the relevant weights determined by the network hierarchy method, the collected data are substituted into the multiobjective mathematical programming model to analyze the distribution of supplier procurement and calculate the procurement cost. The level of procurement expenditures accounted for by suppliers confirms the importance of suppliers. The results show that through the evaluation and ranking of suppliers and the effective management of suppliers according to the ranking results, not only the goal of cost minimization is achieved but also the reasonable service level is guaranteed, which is scientific.

Suggested Citation

  • Yaqin Ou & Bo Liu, 2021. "Exploiting the Chain Convenience Store Supplier Selection Based on ANP-MOP Model," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-10, May.
  • Handle: RePEc:hin:jnlmpe:5582067
    DOI: 10.1155/2021/5582067
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