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 Scopus citations

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

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