Assessment of supplier risk for copper procurement

dc.contributor.authorKara, Güray
dc.contributor.authorBuzdoğan-Lindenmayr, Ezgi
dc.contributor.authorSelçuk--Kestel, A. Sevtap
dc.contributor.departmentOthertr_TR
dc.contributor.facultyOthertr_TR
dc.date.accessioned2021-11-03T08:58:44Z
dc.date.available2021-11-03T08:58:44Z
dc.date.issued2019-02-01
dc.description.abstractProcurement risk management (PRM) requires a good understanding and assessment of all potential risks. As the procurement industry mostly functions globally and the supply--demand chain forms a dependency structure among all interested parties, the quantification of risks related to the suppliers gain importance. This study presents a systematic PRM to evaluate and quantify the risks of a commodity associated to its suppliers. The probabilistic set up using total probability theorem on the information collected using risk management tools, such as expert opinion, charts, survey and historical realizations are imposed to quantify the risks. The resulting probabilities are utilized to construct a risk matrix which illustrates the performance of each supplier at every potential risk source. An application to a copper procurement as case study is done based on the risk management process evaluation. The quantification of the supplier's risk with respect to a risk ranking illustration in copper procurement is exposed to indicate the effectiveness of the methodology and the necessity of such evaluation in decision making.tr_TR
dc.description.indexTrdizintr_TR
dc.identifier.endpage1060tr_TR
dc.identifier.issn/e-issn2618-6470
dc.identifier.issue1tr_TR
dc.identifier.startpage1045tr_TR
dc.identifier.urihttps://doi.org/10.31801/cfsuasmas.501491tr_TR
dc.identifier.urihttp://hdl.handle.net/20.500.12575/75861
dc.identifier.volume68tr_TR
dc.language.isoentr_TR
dc.publisherAnkara Üniversitesi Fen Fakültesitr_TR
dc.relation.isversionof10.31801/cfsuasmas.501491tr_TR
dc.relation.journalCommunications Faculty of Sciences University of Ankara Series A1 Mathematics and Statisticstr_TR
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Başka Kurum Yazarıtr_TR
dc.subjectProcurement processtr_TR
dc.subjectRisk managementtr_TR
dc.subjectRisk matrixtr_TR
dc.titleAssessment of supplier risk for copper procurementtr_TR
dc.typeArticletr_TR

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