A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry
Construction industry; Conceptual frameworks; Malaysian construction industry; metrics; procurement; Procurement decisions; Supplier selection; Supplier selection process; Systematic process; Decision making; conceptual framework; construction industry; decision making; econometrics; industrial deve...
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2023
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my.uniten.dspace-227532023-05-29T14:12:01Z A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry Chuan N.M. Thiruchelvam S. Mustapha K.N. Muda Z.C. Husin N.M. Yong L.C. Ghazali A. Rusli M.E. Itam Z.B. Beddu S. Kamal N.L.M. 57189245040 55812442400 26032672000 55812444000 55152658600 57189240821 36441299400 16246214600 55102723400 55812080500 56239107300 Construction industry; Conceptual frameworks; Malaysian construction industry; metrics; procurement; Procurement decisions; Supplier selection; Supplier selection process; Systematic process; Decision making; conceptual framework; construction industry; decision making; econometrics; industrial development; industrial policy; infrastructure; optimization; research work; stakeholder; Malaysia This paper intends to fathom the current state of procurement system in Malaysia specifically in the construction industry in the aspect of supplier selection. This paper propose a comprehensive study on the supplier selection metrics for infrastructure building, weight the importance of each metrics assigned and to find the relationship between the metrics among initiators, decision makers, buyers and users. With the metrics hierarchy of criteria importance, a supplier selection process can be defined, repeated and audited with lesser complications or difficulties. This will help the field of procurement to improve as this research is able to develop and redefine policies and procedures that have been set in supplier selection. Developing this systematic process will enable optimization of supplier selection and thus increasing the value for every stakeholders as the process of selection is greatly simplified. With a new redefined policy and procedure, it does not only increase the company's effectiveness and profit, but also make it available for the company to reach greater heights in the advancement of procurement in Malaysia. Final 2023-05-29T06:12:01Z 2023-05-29T06:12:01Z 2016 Conference Paper 10.1088/1755-1315/32/1/012034 2-s2.0-84966668446 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84966668446&doi=10.1088%2f1755-1315%2f32%2f1%2f012034&partnerID=40&md5=ccb26522e2a3c1aaa89df88825341a11 https://irepository.uniten.edu.my/handle/123456789/22753 32 1 12034 All Open Access, Bronze Institute of Physics Publishing Scopus |
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Construction industry; Conceptual frameworks; Malaysian construction industry; metrics; procurement; Procurement decisions; Supplier selection; Supplier selection process; Systematic process; Decision making; conceptual framework; construction industry; decision making; econometrics; industrial development; industrial policy; infrastructure; optimization; research work; stakeholder; Malaysia |
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57189245040 |
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57189245040 Chuan N.M. Thiruchelvam S. Mustapha K.N. Muda Z.C. Husin N.M. Yong L.C. Ghazali A. Rusli M.E. Itam Z.B. Beddu S. Kamal N.L.M. |
| format |
Conference Paper |
| author |
Chuan N.M. Thiruchelvam S. Mustapha K.N. Muda Z.C. Husin N.M. Yong L.C. Ghazali A. Rusli M.E. Itam Z.B. Beddu S. Kamal N.L.M. |
| spellingShingle |
Chuan N.M. Thiruchelvam S. Mustapha K.N. Muda Z.C. Husin N.M. Yong L.C. Ghazali A. Rusli M.E. Itam Z.B. Beddu S. Kamal N.L.M. A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry |
| author_sort |
Chuan N.M. |
| title |
A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry |
| title_short |
A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry |
| title_full |
A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry |
| title_fullStr |
A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry |
| title_full_unstemmed |
A Conceptual Framework for Procurement Decision Making Model to Optimize Supplier Selection: The Case of Malaysian Construction Industry |
| title_sort |
conceptual framework for procurement decision making model to optimize supplier selection: the case of malaysian construction industry |
| publisher |
Institute of Physics Publishing |
| publishDate |
2023 |
| _version_ |
1806427834188562432 |