Optimizing Supplier Selection Process in a Manufacturing Company: A Case Study Approach

Thesis Abstract

Abstract
In the competitive landscape of the manufacturing industry, the efficiency of the supplier selection process plays a critical role in determining the success and sustainability of a company. This thesis aims to investigate and optimize the supplier selection process in a manufacturing company through a comprehensive case study approach. The research focuses on identifying the key factors influencing supplier selection decisions and developing a framework to enhance the effectiveness of the process. The introduction sets the context by highlighting the importance of supplier selection in achieving operational excellence and competitive advantage in the manufacturing sector. The background of the study provides an overview of the current practices and challenges faced by companies in supplier selection processes. The problem statement emphasizes the need for a systematic and strategic approach to supplier selection to address issues such as quality, cost, delivery, and reliability. The objectives of the study include analyzing the existing supplier selection criteria, evaluating performance metrics, and proposing improvements to streamline the process. The limitations of the study are acknowledged, such as time constraints, access to data, and potential biases in the case study analysis. The scope of the study defines the boundaries within which the research is conducted, focusing on a specific manufacturing company and its supplier network. The significance of the study lies in its potential to provide practical insights and recommendations for enhancing supplier selection practices in the manufacturing industry. The structure of the thesis outlines the organization of chapters and sections, guiding the reader through the research methodology, literature review, findings discussion, and conclusion. The literature review delves into existing theories, models, and best practices related to supplier selection, covering topics such as supplier evaluation criteria, supplier performance measurement, and supply chain management strategies. The research methodology section describes the case study approach, data collection methods, sampling techniques, and data analysis procedures employed in the study. The findings discussion presents the results of the case study analysis, highlighting key findings, trends, and insights regarding the supplier selection process in the manufacturing company. The chapter explores the implications of the findings for improving supplier selection decision-making and enhancing supply chain performance. In conclusion, this thesis contributes to the body of knowledge in purchasing and supply chain management by offering a comprehensive analysis of the supplier selection process in a manufacturing context. The study provides valuable recommendations for optimizing supplier selection practices, fostering strategic supplier partnerships, and driving operational excellence in the manufacturing industry.