A Hybrid Method for Vendor Selection Using Neural Network

Provided by: International Journal of Computer Applications
Topic: Networking
Format: PDF
"Problem of vendor evaluation and selection has always been viewed as the most important responsibility of purchasing department and for such reason, received a great deal of attention from practitioners and researchers. This solution has always been a complex process as various criteria, known and half known are involved in making a decision. This paper attempts to develop a rule based model, to evaluate the performance of vendors, supplying components and raw materials to a multinational organization engaged in designing, manufacturing and delivering a range of products covering various stages of electric power transmission and distribution system."

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