Evolving Trends of Selection Criteria for Industrial Suppliers

Authors

  • Arz Wehbe Faculty of Arts and Sciences, Lebanese Canadian University - LCU, Aintoura, Keserwan, Lebanon
  • Chadi Azoury Faculty of Business administration and Economics, Lebanese University, Beirut, Lebanon.
  • Christophe Merlo Estia Institute of Technology, University of Bordeaux, IMS UMR 5218, Bidart, France

Keywords:

Network of industrial supplier, selection methodology of industrial supplier, supplier selection criteria, decision making

Abstract

The industrial company needs innovation to remain competitive in the global economy. Successful introduction of new products is important to the company survival. However, in the context of partnership and subcontracting, this capacity almost always depends on the performance of suppliers whose contributions to the project can influence both the industrial strategy of the company and the product architecture. In this case, the selection of industrial suppliers must be taken into consideration to minimize any industrial risks. These conditions will have a direct impact and consequences on the technical and technological characteristics of the product, as well as on the duration and overall cost of it. Our work initially illustrates a selection methodology for industrial suppliers. Based on a survey done on more than 50 international companies, we identify the rank of the most used criteria. Then, by using a statistical technique on MATLAB 2019 (Friedman’s analysis), we list the most important criteria for selecting an industrial supplier in 2020.

 

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Published

2020-04-30

How to Cite

[1]
A. Wehbe, C. Azoury, and C. Merlo, “Evolving Trends of Selection Criteria for Industrial Suppliers”, Int. J. Sci. Res. Comp. Sci. Eng., vol. 8, no. 2, pp. 16–24, Apr. 2020.

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Section

Research Article

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