A novel hybrid multi-criteria method for supplier selection among SMEs on the basis of innovation ability

Today, small and large business houses operate collaboratively for the efficiency in the functioning of supply chains. Larger organisations mostly depend on small companies to supply majority of its components and thus they need to be careful while selecting their suppliers. Small organisations performing innovatively and supplying technologically upgraded as well as quality products at a cheaper rate can be a boon for the larger enterprise. This study develops a model for evaluating and selecting small firms as suppliers on the basis of their innovativeness. Best–Worst multi-criteria method is used to rank criteria of innovativeness and also to calculate their weights on the basis of expert opinion. Fuzzy TOPSIS methodology is used to rank the suppliers with respect to these criteria and finally select the best supplier among the available alternatives. A real-world application is illustrated by taking a case of auto component manufacturer and its seven suppliers, 5 main criteria and 23 sub-criteria are taken up for the study.

Abbreviations: AHP: analytical hierarchal process; ANP: analytical network process; DEMATEL: decision-making trail and evaluation laboratory; EMS: environment management system; ELECTRE: ELimination Et Choix Traduisant la REalité (elimination and choice expressing reality); FPIS: fuzzy positive ideal solution; FNIS: fuzzy negative ideal solution; ISM: interpretative structural modelling; PROMTHEE: preference ranking organisation method for enrichment evaluation; SME: small and medium enterprises; TOPSIS: technique for order preference by similarity to ideal solution; QFD: quality function deployment; VIKOR: VlseKriterijuska Optimizacija I Komoromisno Resenje; SP1; SP2; SP3; SP4; SP5; SP6; SP7: Various suppliers used as alternatives     

A Race for Long Horizon Bankruptcy Prediction

ABSTRACT

This study compares the accuracy and efficiency of five different estimation methods for predicting financial distress of small and medium-sized enterprises. We apply different methods for a large set of financial and non-financial variables, using filter and wrapper selection, to predict bankruptcy up to 10 years before the event in an open, European economy. Our findings show that logistic regression and neural networks are superior to other approaches. We document how the cost-return ratio considerably affects the location of optimal cut-off points and attainable profit in credit decisions. Once a loan provider selects a particular prediction model, an effort should be made to find the optimal cut-off score to maximize the efficiency of the technique. Indeed, this often involves determining several cut-off levels where the portfolio of products and services exhibits different cost-return characteristics.     

How personal and organizational drivers impact on SME international performance: The mediating role of organizational innovation

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SME foreign market entry mode choice and foreign venture performance: The moderating effect of international experience and product adaptation

Firms’ foreign market entry mode choice attracts considerable research attention. However, the performance implications of this choice remain inconclusive, particularly in the context of small and medium-sized enterprises (SMEs). The present paper draws on the resource-based view (RBV) and develops a theoretical model specifically tailored to the context of SMEs in order to study the relationship between entry mode choice and foreign venture performance. Testing hypotheses on 133 German SMEs, we show that international experience as a resource and product adaptation as a capability improve the performance of non-equity entry modes by mitigating liabilities of smallness inherent to SMEs. We furthermore find empirical support for the joint moderating effect of international experience and product adaptation on the focal relation. Our findings contribute to the SME foreign market entry mode literature and have implications for practitioners and future research.     

信用积累与中小企业融资

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关于加快我国科技型中小企业上市融资的思考

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后金融危机时代创业型经济发展与中小企业战略转型研究

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银行规模优势、关系建构与中小企业贷款的可获得性

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基于AHP的创新基金绩效评价体系研究

基于科技型中小企业创新基金的宗旨和目的,从创新基金项目本身取得成效和对企业影响两方面考察,构建创新基金项目绩效评价指标体系,运用AHP方法进行指标权重设计,并制定了创新基金项目绩效评价步骤,为创新基金验收评价或项目后绩效评价提供参考和借鉴。     

武汉城市圈集群式中小企业实现可持续发展的对策研究

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