Supplier selection for vendor-managed inventory in healthcare using fuzzy multi-criteria decision-making approach

This paper purposes a comprehensive multi-criteria decision making (MCDM) to select the best potential supplier for VMI collaboration in healthcare organization. | Supplier selection for vendor-managed inventory in healthcare using fuzzy multi-criteria decision-making approach Decision Science Letters 9 2020 233 256 Contents lists available at GrowingScience Decision Science Letters homepage dsl Supplier selection for vendor-managed inventory in healthcare using fuzzy multi-criteria decision-making approach Detcharat Sumrita a The Cluster of Logistics and Rail Engineering Faculty of Engineering Mahidol University Thailand CHRONICLE ABSTRACT Article history Vendor-managed inventory VMI is one of effective and crucial tools to alleviate the demand Received August 25 2019 volatility of stocks problems reduce time and operating cost in healthcare sector. VMI strategy Received in revised format becomes a necessity for both suppliers and hospitals to sustainably develop and to cope with September 25 2019 stock availability and overall reliability process by sharing information. The process and Accepted October 7 2019 Available online management of VMI is a complicated work which needs substantial degrees of collaboration October 7 2019 expertise and information sharing. This paper purposes a comprehensive multi-criteria decision Keywords making MCDM to select the best potential supplier for VMI collaboration in healthcare Vendor managed inventory organization. The study developed MCDM framework consists of i Fuzzy Delphi approach to Multi-criteria decision making select the appropriate evaluation criteria for VMI supplier selection ii Fuzzy Step-wise Weight Fuzzy Delphi Assessment Ration Analysis SWARA method to determine the relative importance weight of Fuzzy SWARA evaluation criteria ii Fuzzy Complex Proportional Assessment of Alternatives COPRAS to Fuzzy CORPRAS compare rank and select the best appropriated supplier. An empirical case study was applied for a local famous public hospital and the best potential supplier was selected. The study reveals that the most evaluation criteria when selecting .

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