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The Current Approaches to Substantiation of Criteria for Evaluation and Selection of Suppliers
Petrenko O. I., Korniiko Y. R., Lushchik K. M.

Petrenko, Olha I., Korniiko, Yana R., and Lushchik, Katerina M. (2021) “The Current Approaches to Substantiation of Criteria for Evaluation and Selection of Suppliers.” Business Inform 12:201–209.
https://doi.org/10.32983/2222-4459-2021-12-201-209

Section: Economics of Enterprise

Article is written in Ukrainian
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UDC 658.7

Abstract:
The article is aimed at studying the current approaches to substantiating the criteria for evaluating and selecting suppliers. The study of theoretical and practical aspects allowed to distinguish modern methods of selecting suppliers in the field of procurement logistics. It is identified that there are a number of basic and additional methods for evaluating suppliers. Almost every method can be used in combination with others. In addition, modern information technologies make it possible to optimize and rationalize the evaluation process. Despite the fact that today most companies are actively working in search of directions for optimizing the work of procurement logistics, only few of them managed to fully realize the potential of at least one of the areas of procurement optimization. At the same time, after analyzing their experience, it is possible to determine what skills and methods of work are necessary for the comprehensive optimization of procurement. The authors propose an improved algorithm for evaluating suppliers, which provides for the use of existing methods of evaluation of work and the most common criteria for the selection of suppliers, taking into account the integral assessment and distribution of indicators according to additional criteria for reliability groups in order to improve the procurement logistics system of enterprises. The basis of this algorithm was the conduct of an extended assessment on additional criteria, such as: the level of supply organization, the level of loyalty of the supplier, the level of perspectivity, while the integral indicator should provide for the inclusion of coefficients of relative significance of additional evaluations by independent experts and the criteria themselves.

Keywords: procurement logistics, suppliers, methods and criteria for evaluating suppliers.

Fig.: 2. Bibl.: 18.

Petrenko Olha I. – Candidate of Sciences (Economics), Associate Professor, Head of the Department, Department of the Business Logistics and Transport Technologies, State University of Infrastructure and Technologies (of. 19, 9 Kyrylivska Str., Kyiv, 04071, Ukraine)
Email: [email protected]
Korniiko Yana R. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Business Logistics and Transport Technologies, State University of Infrastructure and Technologies (of. 19, 9 Kyrylivska Str., Kyiv, 04071, Ukraine)
Email: [email protected]
Lushchik Katerina M. – Masters Student, State University of Infrastructure and Technologies (of. 19, 9 Kyrylivska Str., Kyiv, 04071, Ukraine)
Email: [email protected]

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