Author(s)

Yangjun Liu ¹

Affiliation(s)

¹ North China Electric Power University (Baoding), Baoding, Hebei, 071000, China

Corresponding Author

Yangjun Liu

ABSTRACT

The construction industry is an important pillar economic industry. By managing the material procurement, the procurement cost can be reduced, which is helpful to expand the profit margin of enterprises and improve the economic benefits. This paper quantitatively analyzes the supply characteristics of 402 suppliers, and analyzes the data from the following four aspects: analyzing the order quantity of enterprises, analyzing the supply of suppliers, analyzing the supply rate of suppliers, and setting evaluation criteria to analyze the satisfaction of enterprises with each supplier. After the weight is determined by AHP, the data of 402 suppliers for 240 weeks are integrated by grey relational analysis, and the corresponding correlation degree is obtained and sorted. The higher the correlation degree, the more satisfying the set evaluation index and the more satisfying the production demand of the enterprise. Finally, 50 most important suppliers were selected.

KEYWORDS

Supplier selection, analytic hierarchy process, grey relational analysis

CITE THIS PAPER

Yangjun Liu, Research on Supplier Evaluation System Based on AHP and Gray Relational Analysis. Financial Engineering and Risk Management (2021) 4: 64-67. DOI: http://dx.doi.org/10.23977/ferm.2021.040613.

REFERENCES

[1] Zou Hongjian. Analysis of procurement management of building engineering materials from the perspective of supply chain [J]. Green building materials, 2021 (06): 1-2. DOI: 10.16767/J.cnki.10-1213/Tu.2021.06.001.
[2] Zhao Shuangjun, Xu Mingliang. Research on the evaluation index weight of green suppliers in textile enterprises based on AHP [J]. Progress of Textile Science and Technology, 2021 (11): 45-47+60. DOI: 10.19507/J. CNKI.1673-0356.2021.11.011
[3] Wang Jianhao, Wang Long, Sean, Cui Lijie. Grey group clustering and multi-attribute decision-making of supplier selection based on improved CRITIC [J/OL]. Systems engineering and electronics: 1-12 [2021-12-03]. http://kns.cnki. net/kcms/detail/11.2422

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