An ANP-based multi criteria decision making model for supplier selection

Author(s):  
Hisham Alidrisi
2019 ◽  
Vol 11 (19) ◽  
pp. 5413 ◽  
Author(s):  
Patchara Phochanikorn ◽  
Chunqiao Tan

The increase of environmental pollution has led to the rise of sustainable awareness in recent years. This trend has motivated various industries to recognize the importance of implementing sustainable supply chain practices to seek economic, environmental and social advantages. From a sustainability perspective, selecting a suitable supplier is the main component of modern enterprises. It is also a challenging problem since several criteria concerning supplier selection are interdependent with a complex character. Therefore, the contribution of this paper is a new extension to multi-criteria decision-making model (MCDM) under an intuitionistic fuzzy environment for sustainable supplier selection (SSS) based on sustainable supply chain management SSCM practices. It consists of intuitionistic fuzzy set theory (IFS) with a decision making trial and evaluation laboratory (DEMATEL) combined with an analytic network process (ANP) to identify uncertainties and interdependencies among criteria as well as analyzing the criteria weights. We modified Vise Kriterijumska Optimizacija I Kompromisno Resenje (VIKOR) to evaluate and rank the desired level of sustainable supplier performance. The suggested approach is conducted by a case study from the Thailand palm oil industry. Results show that the proposed model not only can find the most suitable sustainable supplier, but also the enterprises can aid their suppliers in improving sustainability by using the proposed method and can improve enterprises’ socio-environmental performance, which is key to achieving sustainable development.


Entropy ◽  
2020 ◽  
Vol 22 (2) ◽  
pp. 259 ◽  
Author(s):  
Chun-Ho Chen

The type of criterion weight can be distinguished according to different decision methods. Subjective weights are given by decision makers based on their knowledge, experience, expertise, and other factors. Objective weights are obtained through multi-step calculations of the evaluation matrix constructed from the actual information about the evaluation criteria of the alternatives. A single consideration of these two types of weights often results in biased results. In addition, in order to build an effective supply chain source, buyers must find suitable quality products and/or service providers in the process of supplier selection. Based on the above reasons, it is difficult to accurately select the appropriate alternative. The main contribution of this paper is to combine entropy weight, analytic hierarchy process (AHP) weight, and the technique for order preference by similarity to an ideal solution (TOPSIS) method into a suitable multi-criteria decision making (MCDM) solution. The TOPSIS method is extended with entropy-AHP weights, and entropy-AHP weights are used instead of subjective weights. A novel decision-making model of TOPSIS integrated entropy-AHP weights is proposed to select the appropriate supplier. Finally, we take the selection of building material suppliers as an example and use sensitivity analysis to show that the combination of the TOPSIS method based on entropy-AHP weights can effectively select the appropriate supplier.


2011 ◽  
Vol 38 (7) ◽  
pp. 8384-8391 ◽  
Author(s):  
Doraid Dalalah ◽  
Mohammed Hayajneh ◽  
Farhan Batieha

2019 ◽  
pp. 125-133
Author(s):  
Duong Truong Thi Thuy ◽  
Anh Pham Thi Hoang

Banking has always played an important role in the economy because of its effects on individuals as well as on the economy. In the process of renovation and modernization of the country, the system of commercial banks has changed dramatically. Business models and services have become more diversified. Therefore, the performance of commercial banks is always attracting the attention of managers, supervisors, banks and customers. Bank ranking can be viewed as a multi-criteria decision model. This article uses the technique for order of preference by similarity to ideal solution (TOPSIS) method to rank some commercial banks in Vietnam.


2021 ◽  
pp. 1-18
Author(s):  
Le Jiang ◽  
Hongbin Liu

The use of probabilistic linguistic term sets (PLTSs) means the process of computing with words. The existing methods computing with PLTSs mainly use symbolic model. To provide a semantic model for computing with PLTSs, we propose to represent a PLTS by using an interval type-2 fuzzy set (IT2FS). The key step is to compute the footprint of uncertainty of the IT2FS. To this aim, the upper membership function is computed by aggregating the membership functions of the linguistic terms contained in the PLTS, and the lower membership function is obtained by moving the upper membership function downward with the step being total entropy of the PLTS. The comparison rules, some operations, and an aggregation operator for PLTSs are introduced. Based on the proposed method of computing with PLTSs, a multi-criteria group decision making model is introduced. The proposed decision making model is then applied in green supplier selection problem to show its feasibility.


2021 ◽  
Vol 13 ◽  
pp. 184797902110233
Author(s):  
Stefania Bait ◽  
Serena Marino Lauria ◽  
Massimiliano M. Schiraldi

The COVID-19 emergency is affecting manufacturing industries all over the world. Notably, it has generated several issues in the products’ supply and the global value chain in African countries. Besides this, Africa’s manufacturing value-added rate grew only 1.5 since 2018, and the foreign direct investment (FDI) from multinational enterprises (MNEs) remains very low due to high-risk factors. Most of these factors are linked to a non-optimized location selection that can adversely affect plant performance. For these reasons, supporting decision-makers in selecting the suitable country location in Africa is crucial, both for contributing to countries’ growth and companies’ performance. This research aims at presenting a comprehensive multi-criteria decision-making model (MCDM) to be used by MNEs to evaluate the best countries to develop new manufacturing settlements, highlighting the criteria that COVID-19 has impacted. Thus, it has affected countries’ performance, impacting the plant location selection choices. A combination of the Analytic Hierarchy Process (AHP) and the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) methods have also been used for comparative analysis. The criteria used in the proposed approach have been validated with a panel of MNEs experts.


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