Supply Chain Management
Supplier Selection Process Using ELECTRE Method
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Supplier Selection Process Using ELECTRE Method

1
Identify the supply requirements
2
Determine required selection criteria
3
Identify potential suppliers
4
Gather necessary information from potential suppliers
5
Structure the decision matrix
6
Score the potential suppliers based on selection criteria
7
Calculate the discordance and concordance matrices
8
Determine the outranking relations
9
Analyze the ELECTRE I or III results
10
Discuss and review the ELECTRE results
11
Approval: ELECTRE results
12
Communicate with prefered supplier
13
Negotiate terms and conditions
14
Finalize the supplier agreement
15
Share the final decision with all potential suppliers
16
Document the entire process for future reference