Prioritisation of flexibility enablers using AHP in steel making via electric arc furnace Online publication date: Mon, 10-Jul-2017
by Rohit Kumar Singh; Arun Goyal; Aditya Bhagwat; Vandana Sonwaney
International Journal of Procurement Management (IJPM), Vol. 10, No. 4, 2017
Abstract: The main objective of this study is to determine various flexibility enablers in a steel making firm via electric arc furnace (EAF) route and prioritise them in order to sustain in the current scenario of competition, pricing, quality and efficiency. This study defines 20 different sub flexibility enablers in the process of producing steel via EAF route and analytic hierarchy process (AHP) is used to prioritise these factors to determine well-coordinated manufacturing. It is evident that steel manufacturing firms work in a highly uncertain environment, volatility in steel prices would continue because of the oversupply and unpredictable demand, the capability to produce the required quality and quantity as per the existing demand is in the hand of the steel producer. Thus, there comes a need to define and prioritise various flexibility enablers for better and cost effective decision for steel production. In this study, 20 different sub factors are placed under seven main strategic enablers such as location, raw material, sourcing, labour, internal logistics, volume and product. It is observed that the global weightage of raw material flexibility is highest among the enablers and consecutively the sub factors are hot DRI and API grade in product flexibility.
Online publication date: Mon, 10-Jul-2017
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Procurement Management (IJPM):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email firstname.lastname@example.org