A Study On Strategic Vendor Selection

Auto companies can not develop well and healthy without the supplier selection. That, in order to help the auto companies to avoid the cost of risk, to mention profit, researching rational supplier approach is very much desired. It is of great significance in reducing procurement cost and making the auto companies develop well to evaluate and select appropriate strategic suppliers at the premise of guaranteeing quality and the delivery time and the other factors even with the suppliers to establish good relations of cooperation in a cooperation advantage.It is also of great significance in reducing procurement cost and enhancing the core competitive of the entire supply chain in selecting the best and appropriate strategic vendor for the future development itself.This paper referenced previous academic research in this field and also on the basis of the theory of the selection of suppliers, strategic management,supply chain management and the other relevant theory.This paper also established a set of evaluation and selection index system of strategic supplier of automotive industry and interpreted the specific meaning of each evaluation index on the premise of the advantage strategy of the auto manufacture enterprise and the strategy of the choosing strategic vendor supplier that target the relative content of the multiple indicators in strategy vendor selection system combined with the actual situation in the automotive industry . Then follow the method of fuzzy analytic hierarchy (FAHP) ,the data envelope analysis(DEA),TOPSIS in the whole quantitative and qualitative model making the strategic vendor selection and the prediction,and also compare the final results of the entire model and the traditional choosing method which illustrate the strong point of the entire model.Put together the different three methods in selection making the different types of indicators of different weights into the choice of the formation of a systematic collection of input system, with the fuzzy AHP method to calculate the different subjective weight vector index and the DEA method to calculate the objective weight vector index and the TOPSIS method to calculate the final sequence results which ultimately makes the automotive industry strategic supplier selection form a systematic selection of input and output and obtain the best choice and ultimately make the results of the evaluation more exact and scientific.At last the article validates the necessary and the effective of implementing the strategic vendor selection and management by comparing the effect variance of the top ten automobile enterprises in DEA.This paper established a set of evaluation and selection index system of strategic supplier of automotive industry is based on considering of the strategy of the auto companies,the circumstance of the industry and with the objection of choosing the strategic vendor suppliers which is of great importance in making choices in the decision matter for the auto enterprise.This set of indicator system is full of practical and the operating sequence procedure is in an easy way and get a more exact choice which also offers a set of basic and systemic standard process.The systemic choosing method open and broaden the new ideas and insights in the strategic vendor supplier choice problems.