In an era where supply chains define competitive advantage, this book delivers a compelling and data-driven exploration of supplier evaluation and selection in the automotive industry of Punjab. Grounded in real-world insights from managers and suppliers, the study unpacks how dynamic market conditions are reshaping traditional procurement strategies and demanding smarter, more resilient supplier networks.
Adopting a robust descriptive research design, the book systematically investigates existing supplier evaluation practices and reveals that industry professionals are well aware of structured selection processes. However, it goes a step further by identifying critical gaps and opportunities for enhancement. Through rigorous Factor Analysis, the research uncovers ten essential criteria that influence supplier selection decisions, expanding the conventional focus beyond quality, cost, and delivery. Emerging dimensions such as Corporate Social Responsibility, flexibility, technical excellence, service, reliability, geographical location, and time are brought into sharp focus, offering a more holistic evaluation framework.
A key highlight of the book is its analytical depth, where Dichotomy Analysis and the Analytical Hierarchy Process (AHP) are effectively applied to identify and rank “smart suppliers.” This integrated decision-making model provides a structured and practical approach for organizations to optimize supplier selection in increasingly complex environments.
The findings emphasize the urgent need for organizations to institutionalize supplier evaluation by establishing dedicated departments and cross-functional teams. Continuous monitoring and performance assessment emerge as critical success factors for building sustainable and agile supply chains.
Blending empirical rigor with practical relevance, this book serves as an indispensable resource for academicians, researchers, and industry practitioners. It not only enriches the academic discourse on supply chain management but also equips decision-makers with actionable insights to enhance supplier performance and drive organizational excellence.
- Quote paper
- Dr. Meenu Gupta (Author), Dr. Charu Sharma (Author), Dr. Bikram Jit Singh (Author), 2026, Supplier’s Selection and Evaluation, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/1714615
