Supplier Selection Approaches

Supplier Selection Approaches Bhutta and Huq’s 2002 article, “Supplier Selection Problem: A Comparison of the Total Cost of Ownership and Analytic Hierarchy Process Approaches,” in this unit’s study a

Supplier Selection Approaches

Bhutta and Huq’s 2002 article, “Supplier Selection Problem: A Comparison of the Total Cost of Ownership and Analytic Hierarchy Process Approaches,” in this unit’s study advances two approaches to supplier selection: TCO and AHP. Find and consider two examples of supplier selection in current business periodicals. For each example, what are the relative advantages of these two methods? Which approach would be most appropriate?