Sustainable Technology Supplier Selection in the Banking Sector

Sustainable supplier selection is a key strategic problem in supply chain management. The aim of this research is to provide a new hybrid multicriteria model for evaluating technology suppliers and validate it with a case study in the banking sector. This approach allows companies to perform qualifi...

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Detalles Bibliográficos
Autores: Barrera, Felipe, Segura Maroto, Marina, Maroto, Concepción
Tipo de recurso: artículo
Fecha de publicación:2022
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/73166
Acceso en línea:https://hdl.handle.net/20.500.14352/73166
Access Level:acceso abierto
Palabra clave:Multicriteria model
Technology suppliers
PROMETHEE
Multi-attribute utility theory
FlowSort
Analytic hierarchy process.
Bancos y cajas
Descripción
Sumario:Sustainable supplier selection is a key strategic problem in supply chain management. The aim of this research is to provide a new hybrid multicriteria model for evaluating technology suppliers and validate it with a case study in the banking sector. This approach allows companies to perform qualification, selection, ranking and sorting of suppliers on a sustainable basis. Integration of several techniques is necessary to address this complex decision problem with conflicting economic, environmental and social criteria. Analytic hierarchy process (AHP) is useful for problem structuring and weighting criteria collaboratively. Multi-attribute utility theory (MAUT) is applied to obtain indicators for product quality and supplier risks, whose utility functions are derived by data-driven models that favour evaluation objectivity and transparency. Preference ranking organisation method for enrichment evaluation (PROMETHEE) is suitable for supplier selection due to its discriminant power among alternatives. Finally, FlowSort is proposed to classify suppliers into ordered groups and the outcomes are compared with results from MAUT. Results show its applicability by increasing process transparency and reducing operational risks in practice.