Nagabhushan S.V

Supplier Selection Model using Game Theoretical Approach

The purchasing function has gained importance in supplier selection of procurement. As the evaluation of the supplier depends on various non-price attributes, formulating the strategy is very important .Every supplier tries to play tactical game in order to win the contract under uncertain situations. In our paper we propose a model through case study to select best supplier using game theoretical approach by applying simplex algorithm.

Requirement Change Management