TOPSIS

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Welcome to 'Strategic Sourcing' course ! • This video discusses the use of multi-criteria decision making (MCDM) methods in supplier evaluation. The video explains how to normalize the scores for each attribute, and how to calculate the weighted normalized score for each alternative. • NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications. • To understand various certification options for this course, please visit https://nptel.ac.in/courses/110106435 • #MultiCriteriaDecisionMaking #MCDM #Topsis #SupplierEvaluation

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