International Journal of Economics Development Research (IJEDR)
Vol. 5 No. 4 (2024): International Journal of Economics Development Research (IJEDR)

Selection Analysis of Secondary Pharmaceutical Industry Contract Manufacturers with Fuzzy Analytical Hierarchy Process (FAHP) Method

Saraswati, Mia (Unknown)
Kusumastuti, Ratih Dyah (Unknown)



Article Info

Publish Date
09 Oct 2024

Abstract

This study aims to analyze the selection of contract manufacturer in secondary pharmaceutical industry using Fuzzy AHP. This study employs a quantitative approach using statistical analysis to assess the validity and reliability of the data then subsequently mapped into a matrix model. The Fuzzy AHP is applied to conquer the ambiguity and vagueness of personal knowledge. Six criteria were identified named quality, cost, service performance, compliance, delivery, and operational. The evaluation is conducted by a committee of five decision makers that include purchasing manager, toll manufacturing manager, production manager, quality assurance manager, and quality control manager of the industry. The results revealed that quality is the most important criteria in determining the selection of contract manufacturers in secondary pharmaceutical industry, followed by cost, compliance, delivery, operational and service performance. According to the results, contract manufacturer 2 was chosen to be the best to outsource operational activities of the industry. The results show that the proposed method could provide promising results in decision making process more appropriately. The proposed evaluation criteria provide a reference for pharmaceutical industry practices in the selection of contract manufacturers using Fuzzy AHP.

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Journal Info

Abbrev

ijedr

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

IJEDR focuses on economics, innovation, and investment. Dedicated to enhancing economics development a country, regional and the world in general. IJEDR invites papers on Economics field (Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation impact, Corporate finance, ...