DETERMINATION OF PATHS TO VENDOR MARKET-EFFICIENCY USING PARALLEL COORDINATES REPRESENTATION - A NEGOTIATION TOOL FOR BUYERS

Authors
Citation
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
ISSN journal
03772217
Volume
90
Issue
1
Year of publication
1996
Pages
142 - 155
Database
ISI
SICI code
0377-2217(1996)90:1<142:DOPTVM>2.0.ZU;2-P
Abstract
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.