Sustainable Procurement

Read this article, which highlights a novel strategy for procurement. Focus on sections 1, 2, and 5 and the opening paragraphs for sections 3 and 4. The model in the paper presents a new strategy to reduce procurement costs and enhance overall procurement flexibility.

Results

Intel core i5 PC with 3 GB RAM is used to solve the model. Microsoft Excel is used for IF-AHP and Matlab R 2009a is used for MOGA. Uncertainty in demand at retailer's site changes the amount of order in considerable amount for supplier 3, shown in Figure 6. For different values of alpha, highest order is allocated to supplier 3 as supplier 3 has highest reliability and IFS priority value.

Figure 6 Order allocation at different value of alpha. Source: Elaborated by the author.