Z-NUMBERS BASED MODELING OF GROUP DECISION MAKING FOR SUPPLIER SELECTION IN MANUFACTURING SYSTEMS
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Issue Vol. 14 No. 3 (2024)
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Main Article Content
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Abstract
The health of the supply chain, the company's performance, and the quality of the production as well as the success of the entire enterprise, directly depends on the reliability of the company's existing suppliers. Processing enterprises that depend on suppliers are trying to find the best option that will satisfy all customer requirements. With high-quality and inexpensive raw materials, the products produced by the enterprise will largely determine its economic indicators such as revenue, profit, and profitability. Therefore, this enterprise is especially faced with the issue of choosing the most appropriate supplier of resources. Basically, for processing enterprises it is very important to consider the parameters such as quality of incoming materials, terms of supply of raw materials, price of received raw materials, terms of contracts. The challenge in determining of supplier is how to choose reliable suppliers that can maintain supply chain continuity in an environment of ever-increasing instability and uncertainty. For this purpose, a methodology for selecting suppliers using Z-numbers was proposed. Using fuzzy Z numbers in supplier selection, decision-makers can assign values to various criteria in a way that reflects both the uncertainty and the confidence associated with those values. This can lead to more nuanced and robust supplier selection processes, considering a wider range of factors and uncertainties.
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References
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