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Improvement of supplier selection procedure in а trade company

Student: Ajvazashvili Natiya

Supervisor: Anastasia Ivanova

Faculty: Faculty of Logistics

Educational Programme: Bachelor

Year of Graduation: 2014

Topic of bachelor’s thesis“Improvement of supplier selection procedure in а trade company”StudentNatiya Ayvazashvili, group 422L, faculty of logisticsSupervisorAnastasia Ivanova, lecturerKey words: methods of supplier selection, supplier selection criteria, methods of multicriterion optimizationThis paper offers an analysis of the existing supplier selection procedure in a trade company to identify problems and fix them, as well as to evaluate the potential economic effect of the proposed optimization measures.The considered company is a specialized division of a group of companies whose core business is trading of sportswear and clothing for outdoor activities.For the considered company suppliers of raw materials are extremely important, as correctly selected supplier will ensure uninterrupted supply of the production process, and further activities of the company, as well as reducing the cost of procurement activities.The object of the research is the trading company, which business is the trade sportswear and clothing for outdoor activities. The subject of the research is supplier selection procedure in а trade company. The purpose of this study is to develop recommendations to improve the trading company supplier selection procedure, which will reduce the cost of purchase of raw materials, increase the return on equity of the company, improve its performance and increase the competitiveness of the company as a whole.The purpose of this study involves the following tasks:1. Analysis of the external and internal environment, financial performance and logistics system of "BoscoSport company";2. Defining the company problems associated with the procurement process and the identification of their causes;3. Analysis and synthesis of the literature of domestic and foreign scholars on questions of procedure supplier selection, the main aspects of managing relationships with suppliers, as well as the main methods of supplier selection with multiple criteria;4. Proposal of measures to improve procedures for supplier selection based on the analyzed literature;5. Evaluation of the potential economic benefits from the implementation of the proposed optimization measures.Length of bachelor’s thesis: pages – 113, pictures - 27, tables - 48, list of literary sources –25.

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