Determinants of Supplier Selection in E-procurement Tenders
Determinants of Supplier Selection in E-procurement Tenders
Author(s): Stanislav SzaboSubject(s): Business Economy / Management, Evaluation research, Economic development, ICT Information and Communications Technologies
Published by: Reprograph
Keywords: Decision making; procurement; supplier; evaluation; simulation game;
Summary/Abstract: Nowadays, new electronic solutions within global e- supply chain allow business partners to obtain and utilize new form of information for business decision making. New e- procurement tools provide competitive advantage and power of purchasing companies to push on supply side. Although, new kind of information from global e- supply chain tools can support suppliers to improve decision making more efficiently. In the paper we are examining the significance of particular information as internal and global ratings, loyalty etc. for decision making to win the procurement tender. For the study, the simulation game was realized and analyzed through decision trees techniques. We have examined different results as from standard correlation tests and show interesting rules for decision making in different situation of suppliers.
Journal: Journal of Applied Economic Sciences (JAES)
- Issue Year: X/2015
- Issue No: 37
- Page Range: 1153-1155
- Page Count: 3
- Language: English