TY - JFULL AU - Mohammad Taghi Taghavifard and Danial Mirheydari PY - 2008/6/ TI - A New Framework for Evaluation and Prioritization of Suppliers using a Hierarchical Fuzzy TOPSIS T2 - International Journal of Computer and Information Engineering SP - 1748 EP - 1755 VL - 2 SN - 1307-6892 UR - https://publications.waset.org/pdf/8705 PU - World Academy of Science, Engineering and Technology NX - Open Science Index 17, 2008 N2 - This paper suggests an algorithm for the evaluation and selection of suppliers. At the beginning, all the needed materials and services used by the organization were identified and categorized with regard to their nature by ABC method. Afterwards, in order to reduce risk factors and maximize the organization's profit, purchase strategies were determined. Then, appropriate criteria were identified for primary evaluation of suppliers applying to the organization. The output of this stage was a list of suppliers qualified by the organization to participate in its tenders. Subsequently, considering a material in particular, appropriate criteria on the ordering of the mentioned material were determined, taking into account the particular materials' specifications as well as the organization's needs. Finally, for the purpose of validation and verification of the proposed model, it was applied to Mobarakeh Steel Company (MSC), the qualified suppliers of this Company are ranked by the means of a Hierarchical Fuzzy TOPSIS method. The obtained results show that the proposed algorithm is quite effective, efficient and easy to apply. ER -