Using a Max-Min Approach to Evaluate the Performance of a Supply Cluser Network
With the increase in the number of studies on supply chain management practices and their application, many studies have proposed methodologies that can be used by manufacturers to evaluate vendors. These methodologies allow a buyer to choose several specific indicators or multiple criteria to evaluate vendors and distinguish them from one another based on their performance. Manufacturers can then make decisions on further cooperation with vendors who have high performance scores. Nevertheless, few studies have proposed methodologies that can be used to evaluate a supply cluster network, which consists of interlaced supply chains, as a whole.