Evaluation System of International Trade Target Supplier Based on CART Algorithm

Abstract

Supplier selection is an important part of managing suppliers. With the rising labor cost in China, the competitive advantage of Chinese foreign trade companies is declining, and choosing the right supplier is of great significance to the company. This article aims to study the international trade target supplier evaluation system based on the CART algorithm. Based on the analysis of the CART algorithm, the method of supplier selection, the establishment of the supplier evaluation index system and the system performance requirements, the international trade target supplier evaluation system designed. In order to prove the effectiveness of the system, this paper uses the supply data of 5 suppliers as the test data to calculate the evaluation index scores of these 5 suppliers. The calculation results show that the system can accurately calculate the evaluation of the suppliers. As a result, it can provide effective methods for companies to select suppliers.