ABSolute: An Intelligent Decision Making Framework for E-Sourcing

  title={ABSolute: An Intelligent Decision Making Framework for E-Sourcing},
  author={Martin Bichler and Juhnyoung Lee and Ho Soo Lee and Jen-Yao Chung},
Efficient selection of bids and product offerings is a key requirement in today’s procurement processes. Purchasing managers have to make comprehensible selections among hundreds of alternatives considering several dozens of criteria. Selection problems like this are challenging, because they require the balancing of multiple, often conflicting objectives. Traditional approaches to multi-attribute decision making (MADM) are often insufficient in situations with a large number of attributes and… CONTINUE READING
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