SUPPLIER CHOICE PROCESS IN THE STEEL INDUSTRY USING AHP AND MATLAB
Keywords:
Analytic Hierarchy method (AHP), Supplier choice, Total worth of Purchasing (TVP)Abstract
could be an advanced activity involving qualitative and quantitative multi-criteria. A trade-off between these tangible and intangible factors is essential in choosing the most effective Supplier. This paper utilizes AHP in selecting the most effective suppliers. A problem involving the supplier selection out of 4 Suppliers A, B, C, and D is formulated. AHP method with the help of Matlab Software is utilized to calculate the weights of criterions, sub criterions and sub sub criterions for the 4 suppliers. The global weights are then calculated and compared. The results are tabulated and the best supplier out of the 4 suppliers is selected and the detailed process involving the complex Matlab calculations is depicted. Based on the given data it was found that out of the four suppliers the supplier A is the best supplier.
