What is it about?
Buyer companies’ engagement with suppliers varies according to their specific business needs. Prior models of supplier classification are based on the dimensions like product specification or criticality of purchase. As the supply chains are embracing collaboration among partners to respond to the dynamic market conditions, it is prudent to study the changes adopted by buyer companies for supplier classification. The paper aims to discuss these issues.
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Why is it important?
The framework and its extension can be used by practitioners in assessing and classifying their suppliers for strengthening supply chain collaboration. This research unveils five new criteria used by buyer companies for supplier classification. The multi-criteria framework for supplier classification and its extension give new insights into the supplier characteristics significant for supply chain collaboration.
Perspectives
The framework and its extension can be used by practitioners in assessing and classifying their suppliers for strengthening supply chain collaboration. Although, many of the practitioners were unaware of the model per se, they labelled their suppliers as per the types stated in the Kraljic model. They mentioned twenty six criteria for supplier classification; five of which do not have any reference in the extant literature. The degree of presence of these criteria provides a multi-criteria framework for supplier classification that has been further extended based on prior models
Dr. Manoj Hudnurkar
Read the Original
This page is a summary of: Multi-criteria decision framework for supplier classification in collaborative supply chains, International Journal of Productivity and Performance Management, June 2016, Emerald,
DOI: 10.1108/ijppm-03-2015-0048.
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