System of Supplier’s Selection and Evaluation for Increasing of Buying Process Effectiveness in the Company

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Abstract:

In presented contribution there were solved problems of purchasing process as a core task of every production company focusing on the evaluation and selection of suppliers. This issue was investigated in the manufacturing businesses operating in the metallurgical industry. Thorough analysis of the current status of the evaluation and selection of suppliers for the company were reached conclusions that were determinants of changes in those activities. When reviewing the evaluation and selection of activities was used principal components analysis and scoring model. With them were found the pros and cons of the current model, as well as direct interaction between the evaluation criteria. The aim of this was therefore propose model evaluation and selection of suppliers with an emphasis on improving the efficiency of operations in a buying context of business.

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257-262

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December 2014

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© 2015 Trans Tech Publications Ltd. All Rights Reserved

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