Abstract

Vendor selection and management in environmental purchase

Author(s): Fang-miao Hou

Vendor selection and management is an important part of environmental purchase in green supply chains. This article explores how to determine suitable suppliers and manage them in supply chain. Although there are many approaches having been put forward by previous researches, considering the complexity these decisions, the paper conducts an analysis for the first time on how to select desired suppliers in bidding process and then discusses how to manage the chosen suppliers by Game Theory. After the selection of suppliers, in order to avoid the adverse selection of suppliers, there must have the appropriate incentives to the supplier