MUKHERJEE, KRISHNENDU (2019): Analysis of Sustainable Procurement in SMEs in Developing Countries. Published in: International Journal of Engineering Development and Research , Vol. 7, No. 1 (31 March 2019): pp. 509-519.
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Abstract
The purpose of the paper is to integrate supply base consolidation, rationalization, and buyer’s perspective about its suppliers to reveal more insight to implement sustainable procurement in small and medium enterprises (SMEs) in developing countries like India. In this paper an attempt has been made to integrate Constrained Optimization of Frobenius Norm by Genetic Algorithm (COFGA) with traditional spend, and value risk analysis to consolidate and rationalize supply base w.r.t fifteen triple bottom line indicators (TBL). This paper shows that spend analysis is justified in crisp domain and becomes myopic in limited data environment. Spend analysis becomes more ineffective to deal imprecise and vague qualitative data. Integrated approach of multiple criteria decision analysis,spend analysis, and value risk analysis, thus, an alternative approach to give better insight to sustainable procurement in fuzzy environment. Finally, a case study is discussed to use proposed method.
Item Type: | MPRA Paper |
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Original Title: | Analysis of Sustainable Procurement in SMEs in Developing Countries |
English Title: | Analysis of Sustainable Procurement in SMEs in Developing Countries |
Language: | English |
Keywords: | Sustainable supplier selection; small and medium enterprises (SMEs); genetic algorithm(GA);spend analysis; triple bottom line (TBL); multiple criteria decision analysis; value risk analysis |
Subjects: | C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C61 - Optimization Techniques ; Programming Models ; Dynamic Analysis C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C63 - Computational Techniques ; Simulation Modeling |
Item ID: | 93277 |
Depositing User: | Dr Krishnendu Mukherjee |
Date Deposited: | 22 Apr 2019 17:54 |
Last Modified: | 05 Oct 2019 00:21 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/93277 |