Evaluation Of Suppliers For The Establishment Of Green Supply Chain Management In Steel Industries Using AHP - TOPSIS Method.

Volume 14 Issue 1 June - August 2019

Research Paper

Evaluation Of Suppliers For The Establishment Of Green Supply Chain Management In Steel Industries Using AHP - TOPSIS Method.

Rajesh Kumar*, Shiena Shekhar **

*, **Mechanical Engineering Department, Bhilai Institute of Technology, Durg, Chhattisgarh , India.

Kumar,R., & Shekhar, S. (2019). Evaluation Of Suppliers For The Establishment Of Green Supply Chain Management In Steel Industries Using AHP - TOPSIS Method. i-manager's Journal on Management, 14(1), 48-58.

Abstract

Supplier selection is one of the preliminary work for the establishment of Green Supply Chain Management. It is a process which incorporates planning, implementing and controlling the activities of an industry from the conservation of environment point of view. With the advent of globalization, green supply chain management has drawn maximum attention whether for the procurement of raw materials or for the delivery of the finished products as it costs about fifty percent of the company’s cost and if not managed properly, the competitors get an edge over others. The selection of the best supplier out of the available alternatives has a long lasting impact on the future of the business because any wrong decision taken in terms of evaluating the criteria and the suppliers would lead to the downfall of the firm. The process of supplier selection is cumbersome and requires strong statistical methods and decision making tools which have the capabilities to trade-off amongst various cardinal and ordinal preferences. Thus, it is looked upon as a multi-criteria decision making problem which includes both qualitative (quality, cost, minimum order quantities) & quantitative factors (Discipline, attitude, response etc.) and hence of strategic importance.