Linking supplier development to supplier segmentation using Best Worst Method
A framework is proposed to link supplier development to supplier segmentation. Suppliers are evaluated and segmented based on their capabilities and willingness. Supplier development strategies are proposed for suppliers in the different segments. The proposed approach is applied to a medium-sized high-tech company. The results show the inefficiency of one size fits all development strategies.
supplier development supplier segmentation supplier evaluation best worst method (bwm) multi-criteria decision-making