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Key Performance Criteria For Vendor Selection €“ A Literature Review

Author

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  • Shpend IMERI

    (EVN Macedonia, AD Skopje, Ilindenska bb, 120 Tetovo, Macedonia)

Abstract

The selection process of vendors is very essential nowadays for companies, as costs are reduced and sales increase along with the profit. For this reason, selecting the right vendor to collaborate leads to competitive advantage. The main purpose was to identify the most important criteria as constructed by the acadmicians/practitioners based models by focusing on the most crucial indicators that must be employed by the enterprises and increase the awareness especially to the southeastern enterprises to operate effectively and efficiently in this context.

Suggested Citation

  • Shpend IMERI, 2013. "Key Performance Criteria For Vendor Selection €“ A Literature Review," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 5(2), pages 63-75, June.
    • Handle: RePEc:rom:mrpase:v:5:y:2013:i:2:p:63-75
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    File URL: https://mrp.ase.ro/no52/f5.pdf
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    References listed on IDEAS

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    1. Weber, Charles A. & Current, John R. & Benton, W. C., 1991. "Vendor selection criteria and methods," European Journal of Operational Research, Elsevier, vol. 50(1), pages 2-18, January.
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    Cited by:

    1. Kamath, Giridhar & Naik, Rakesh & Prasad, H C Shiva, 2016. "A vendor’s evaluation–using AHP for an Indian steel pipe manufacturing company," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 8(3), pages 442-461.
    2. Schmidt, Fabian, 2019. "Application of cost management methodologies for sustainable cost reductions of purchased parts: Comparison and evaluation of different methods in the industrial application," Journal of Applied Leadership and Management, Hochschule Kempten - University of Applied Sciences, Professional School of Business & Technology, vol. 7, pages 66-80.

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