Supplier Risk Assessment and Early Warning Based on Fuzzy Group Analytic Hierarchy Process

This paper presents a comprehensive study for suppliers’ risk assessment and early warning, with partially applied in aerospace industry. In particular, we identify eight pivotal risk indices that significantly influence supplier selection, namely design and production, supply and delivery, application verification, quality inspection, installation and use, cost control, supporting services, and credit qualification. Leveraging hierarchical analysis and integrating with expert consultations, we introduce a final assessment indice based on Fuzzy Group Analytic Hierarchy Process (FGAHP). This model has been validated in an aerospace industry company with 14 suppliers.