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Research Paper | Mathematics | India | Volume 4 Issue 8, August 2015 | Popularity: 6.1 / 10
Supplier Selection in Surat Cloth Industry to Maximize Profit
Priti Samdani
Abstract: The purpose of this study is to examine the cost of production in the Surat textile industry by selecting the supplier considering the factors affecting while selecting supplier. No step in any business is more important than the selection of supplier. Efficiency and success are largely dependent on adaptation of suppliers. This vital problem should be solved in a careful mathematical way, with due regards of reducing cost, mitigating risk, driving improvement in quality and the relation of these elements to the condition of success in different industries. Buyer locate a minimum number of viable potential supplier for every product procured
Keywords: Supplier selections, Cost reduction, Production management, Attract investor
Edition: Volume 4 Issue 8, August 2015
Pages: 1165 - 1167
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