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Improvement of Order Performance of a Supplier

In: Applications of Mathematics and Informatics in Science and Engineering

Author

Listed:
  • Christodoulos Nikou

    (University of Piraeus)

  • Socrates J. Moschuris

    (University of Piraeus)

Abstract

Defence procurement is a multi-criteria decision problem and a large part of a Department of Defence (DoD) annual budget. For example, in the fiscal year 2009, contract obligations for the US DoD included $370 billion for defence-related supplies and services [3], and in Great Britain the respective amount for 2011–2012, was 20.1 billion pounds (UK NAO-National Audit Office (2013), Improving Government Procurement, London, United Kingdom). This paper develops a procedure for the evaluation/improvement of the ordering process in Military Critical Items to help procurement personnel report quickly and accurately to the Hierarchy of an agency/company. In this attempt, Perfect Order (PO) concept, Principal Component Analysis and Multivariate EWMA control chart were combined onto real data collected from members of the Armed Forces with the required confidentiality.

Suggested Citation

  • Christodoulos Nikou & Socrates J. Moschuris, 2014. "Improvement of Order Performance of a Supplier," Springer Optimization and Its Applications, in: Nicholas J. Daras (ed.), Applications of Mathematics and Informatics in Science and Engineering, edition 127, pages 375-388, Springer.
    • Handle: RePEc:spr:spochp:978-3-319-04720-1_23
    DOI: 10.1007/978-3-319-04720-1_23
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