Abstract
In this paper we propose an Activity Based Costing approach for vendor selection and evaluation. This system allows us to compute total costs caused by a supplier in a firm's production process, thereby increasing the objectivity in the selection process. We further show that for vendor evaluation purposes the difference between the budgeted and actual total vendor score can be decomposed in a purchaser effect, a supplier effect and a combined effect. We illustrate the Activity Based Costing approach with a case study.
| Original language | English |
|---|---|
| Pages (from-to) | 97-102 |
| Number of pages | 6 |
| Journal | European Journal of Operational Research |
| Volume | 96 |
| Issue number | 1 |
| Publication status | Published - Jan 10 1997 |
| Externally published | Yes |
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Keywords
- Purchasing
- Supply management
- Vendor selection
ASJC Scopus subject areas
- Information Systems and Management
- Management Science and Operations Research
- Statistics, Probability and Uncertainty
- Applied Mathematics
- Modelling and Simulation
- Transportation
Cite this
Vendor selection and evaluation an activity based costing approach. / Roodhooft, Filip; Konings, Jozef.
In: European Journal of Operational Research, Vol. 96, No. 1, 10.01.1997, p. 97-102.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Vendor selection and evaluation an activity based costing approach
AU - Roodhooft, Filip
AU - Konings, Jozef
PY - 1997/1/10
Y1 - 1997/1/10
N2 - In this paper we propose an Activity Based Costing approach for vendor selection and evaluation. This system allows us to compute total costs caused by a supplier in a firm's production process, thereby increasing the objectivity in the selection process. We further show that for vendor evaluation purposes the difference between the budgeted and actual total vendor score can be decomposed in a purchaser effect, a supplier effect and a combined effect. We illustrate the Activity Based Costing approach with a case study.
AB - In this paper we propose an Activity Based Costing approach for vendor selection and evaluation. This system allows us to compute total costs caused by a supplier in a firm's production process, thereby increasing the objectivity in the selection process. We further show that for vendor evaluation purposes the difference between the budgeted and actual total vendor score can be decomposed in a purchaser effect, a supplier effect and a combined effect. We illustrate the Activity Based Costing approach with a case study.
KW - Purchasing
KW - Supply management
KW - Vendor selection
UR - http://www.scopus.com/inward/record.url?scp=0030783282&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0030783282&partnerID=8YFLogxK
M3 - Article
VL - 96
SP - 97
EP - 102
JO - European Journal of Operational Research
JF - European Journal of Operational Research
SN - 0377-2217
IS - 1
ER -