An application of multi-criteria decision-making model to strategic outsourcing for effective supply-chain linkages

N. K. Kwak, Chang Won Lee

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Citation (Scopus)

Abstract

An appropriate outsourcing and supply-chain planning strategy needs to be based on compromise and more objective decision-making procedures. Although factors affecting business performance in manufacturing firms have been explored in the past, focuses are on financial performance and measurement, neglecting intangible and nonfinancial factors in the decision-making planning process. This study presents development of an integrated multi-criteria decision-making (MCDM) model. This model aids in allocating outsourcing and supply-chain resources pertinent to strategic planning by providing a satisfying solution. The model was developed based on the data obtained from a business firm producing intelligent home system devices. This developed model will reinforce a firm's ongoing outsourcing strategies to meet defined requirements while positioning the supply-chain system to respond to a new growth and innovation.

Original languageEnglish
Title of host publicationSelected Readings on Strategic Information Systems
PublisherIGI Global
Pages223-236
Number of pages14
ISBN (Print)9781605660905
DOIs
StatePublished - 2008 Dec 1

Fingerprint

Linkage
Multicriteria decision-making
Supply chain
Decision-making model
Strategic outsourcing
Outsourcing
Decision making
Factors
Financial performance
Intangibles
Manufacturing firms
Outsourcing strategy
Business performance
Positioning
Compromise
Resources
Planning process
Innovation
Strategic planning
Supply chain planning

Cite this

Kwak, N. K. ; Lee, Chang Won. / An application of multi-criteria decision-making model to strategic outsourcing for effective supply-chain linkages. Selected Readings on Strategic Information Systems. IGI Global, 2008. pp. 223-236
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An application of multi-criteria decision-making model to strategic outsourcing for effective supply-chain linkages. / Kwak, N. K.; Lee, Chang Won.

Selected Readings on Strategic Information Systems. IGI Global, 2008. p. 223-236.

Research output: Chapter in Book/Report/Conference proceedingChapter

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