A model for strategic supplier selection.(for purchasing managers): An article from: Journal of Supply Chain Management

This digital document is an article from Journal of Supply Chain Management, published by National Association of Purchasing Management, Inc. on January 1, 2002. The length of the article is 7901 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: The purchasing function for some time now has been receiving increasing importance as a critical supply chain management component. This is mainly due to the significant impact of material costs on profits, increased investments in advanced manufacturing and information technologies, and a growing emphasis on Just-In-Time (JIT) production. The critical objectives of purchasing departments include obtaining the product at the right cost in the right quantity with the right quality at the right time from the right source. This requires executing effective decisions concerning supplier selection and evaluation. This article addresses the supplier selection process. This model for evaluation and selection of suppliers considers multiple factors that include strategic, operational, tangible, and intangible measures. The model also allows for input from a variety of managerial decisionmaking levels and considers the dynamic aspects of the competitive environment in evaluating suppliers. An empirical case illustrati on demonstrates the efficacy of the model. The results provide interesting managerial implications.

Citation Details
Title: A model for strategic supplier selection.(for purchasing managers)
Author: Joseph Sarkis
Publication:Journal of Supply Chain Management (Refereed)
Date: January 1, 2002
Publisher: National Association of Purchasing Management, Inc.
Volume: 38 Issue: 1 Page: 18(11)

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