An Approach of Fuzzy Models for Supplier Assessment and Selection

Supply chain management and strategic sourcing are one of the fastest growing areas of management. Costs of purchasing raw material and components parts from external suppliers are very important. The search for new suppliers is a continuous priority for companies in order to upgrade the variety and typology of their production range. Supplier assessment and selection is one of the most important components of supply chain, and it influences the long term commitments and performance of the company. Good suppliers allow enterprises to achieve good manufacturing performance and make the maximum benefits for practitioners. This paper outlines some current approaches of fuzzy models which are implemented in the terms to improve supplier assessment and selection decision making.