Strategic Evaluation in Optimizing the Internal Supply Chain Using TOPSIS: Evidence In A Coil Winding Machine Manufacturer
Acta Mechanica Malaysia, 4(1) : 01-04 (2020) Most of the manufacturing firm aims to optimize their Supply Chain in terms of improved profitability of its products through value Addition. This study takes a critical look into the factors that affect the Performance of internal supply chain with respe...
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Zusammenfassung: | Acta Mechanica Malaysia, 4(1) : 01-04 (2020) Most of the manufacturing firm aims to optimize their Supply Chain in terms
of improved profitability of its products through value Addition. This study
takes a critical look into the factors that affect the Performance of internal
supply chain with respect to specific criteria. Accordingly, ranking these
factors to get the critical dimensions of supply chain performance in the
manufacturing industry. A semi-structured interview with the pre-defined set of
questions used to collect the responses from decision makers of the firm. Multi
criteria decision-making tool called TOPSIS is used to evaluate the responses
and rank the factors. The results of this indicate that supplier relationship
and inventory planning were most principal factors positively influencing
on-time delivery of the product, production flexibility, cost savings,
additional costs. This study helps to identify and optimize the process
parameters using objective and subjective evaluation approach. The combined
influence of the thought process of the manager to optimize the internal supply
chain is extracted in this work. |
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DOI: | 10.48550/arxiv.2007.10121 |