Ca. Weber et A. Desai, DETERMINATION OF PATHS TO VENDOR MARKET-EFFICIENCY USING PARALLEL COORDINATES REPRESENTATION - A NEGOTIATION TOOL FOR BUYERS, European journal of operational research, 90(1), 1996, pp. 142-155
Citations number
39
Categorie Soggetti
Management,"Operatione Research & Management Science
This study demonstrates the use of data envelopment analysis for measu
ring vendor performance and efficiency. An algorithm by Inselberg is e
mployed for determining points of vendor efficiency on multiple criter
ia. This study then demonstrates how parallel coordinates graphical re
presentation can be used to display the efficiency of vendors on multi
ple criteria, and, in so doing, visually identify benchmark values on
these criteria for negotiating with inefficient vendors. An example of
a firm purchasing in a JIT manufacturing environment is used to illus
trate this approach. The results of this approach point to its flexibi
lity for use in vendor negotiations.