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Flexible manufacturing systems (FMSs) offer opportunities for the manufacturers to improve their technology, competitiveness and profitability through a highly efficient and focused approach to manufacturing effectiveness. Justification, evaluation and selection of FMSs have now been receiving significant attention in the manufacturing environment. Evaluating alternative FMSs in the presence of multiple conflicting criteria and performance measures is often a difficult task for the decision maker. Preference ranking tools are special types of multi-criteria decision-making methods in which the decision maker’s preferences on criteria are aggregated together to arrive at the final evaluation and selection of the alternatives. This paper deals with the application of six most potential preference ranking methods for selecting the best FMS for a given manufacturing organization. It is observed that although the performances of these six methods are almost similar, ORESTE (Organization, Rangement Et Synthese De Donnes Relationnelles) method slightly outperforms the others. These methods use some preference function or utility value or Besson ranking of criteria and alternatives, to indicate how much an alternative is preferred to the others. Most of these methods need quantification of criteria weights or different preference parameters, but ORESTE method, being an ordinal outranking approach, only requires ordinal data and attribute rankings according to their importance. Therefore, it is particularly applicable to those situations where the decision maker is unable to provide crisp evaluation data and attribute weights.

Evaluation of proper supplier for manufacturing organizations is one of the most challenging problems in real time manufacturing environment due to a wide variety of customer demands. It has become more and more complicated to meet the challenges of international competitiveness and as the decision makers need to assess a wide range of alternative suppliers based on a set of conflicting criteria. Thus, the main objective of supplier selection is to select highly potential supplier through which all the set goals regarding the purchasing and manufacturing activity can be achieved. Because of these reasons, supplier selection has got considerable attention by the academicians and researchers. This paper presents a combined multi-criteria decision making methodology for supplier evaluation for given industrial applications. The proposed methodology is based on a compromise ranking method combined with Grey Interval Numbers considering different cardinal and ordinal criteria and their relative importance. A ‘supplier selection index’ is also proposed to help evaluation and ranking the alternative suppliers. Two examples are illustrated to demonstrate the potentiality and applicability of the proposed method.