Application of Multi-Criteria Decision-Making Methods in Sustainable Manufacturing Management: A Systematic Literature Review and Analysis of the Prospects

2021 ◽  
pp. 1-23
Author(s):  
Renata Pelissari ◽  
Sharfuddin Ahmed Khan ◽  
Sarah Ben-Amor
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Uncertain Data ◽  
Sustainable Manufacturing ◽  
Future Research ◽  
Decision Making Process ◽  
Multi Attribute Decision Making ◽  
Social Environmental ◽  
Cost Of Materials

Due to increasing environmental regulation and customers’ demand for environmentally friendly products, organizations have been required to adopt sustainable manufacturing practices by implementing clean technology (Cleantec) to manufacture green products. By adopting environmental practices, organizations can also achieve qualitative and quantitative benefits that help them remain competitive in the market while meeting governmental environmental policies, such as lowering energy and the cost of materials. The significant number of articles addressing sustainability in manufacturing published in the past few years attests to the importance of the topic. However, not many studies have been developed to understand the decision-making process in sustainable manufacturing. Therefore, the objective of this paper is to conduct a systematic literature review on the application of multi-attribute decision-making (MADM) methods in sustainable manufacturing. A total of 158 papers, published between 2009 and 2018, met the criteria set in the research methodology. The 158 papers were then analyzed and classified into seven categories: (i) SM domain, (ii) activity within the organization, (iii) decision goals, (iv) decision-makers involved (group or individual), (v) uncertain data, (vi) SM aspects (social, environmental, and economic), and (vii) MADM methods. Among the results, we identified that AHP is the most applied MADM method and, regarding the activities of the organization, MADM methods have been the most frequently applied to strategy management and supply chain. We also identified a tendency to consider uncertain and imprecise data in the decision-making process. Another result is that all the three domains — economic, environmental and social — were considered in most of the papers, followed by the combination of the economic and environmental perspectives. In the conclusion, some recent trends and future research directions are highlighted.

scholarly journals A Systematic Literature Review of Multi-Criteria Decision-Making Methods for Sustainable Selection of Insulation Materials in Buildings

2021 ◽  
Vol 13 (2) ◽  
pp. 737
Author(s):  
Indre Siksnelyte-Butkiene ◽  
Dalia Streimikiene ◽  
Tomas Balezentis ◽  
Virgilijus Skulskis
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Energy Demand ◽  
Energy Performance ◽  
Future Research ◽  
Multi Criteria Decision Making ◽  
Insulation Materials ◽  
Advantages And Disadvantages ◽  
Selection Of

The European Commission has recently adopted the Renovation Wave Strategy, aiming at the improvement of the energy performance of buildings. The strategy aims to at least double renovation rates in the next ten years and make sure that renovations lead to higher energy and resource efficiency. The choice of appropriate thermal insulation materials is one of the simplest and, at the same time, the most popular strategies that effectively reduce the energy demand of buildings. Today, the spectrum of insulation materials is quite wide, and each material has its own specific characteristics. It is recognized that the selection of materials is one of the most challenging and difficult steps of a building project. This paper aims to give an in-depth view of existing multi-criteria decision-making (MCDM) applications for the selection of insulation materials and to provide major insights in order to simplify the process of methods and criteria selection for future research. A systematic literature review is performed based on the Search, Appraisal, Synthesis and Analysis (SALSA) framework and the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) statement. In order to determine which MCDM method is the most appropriate for different questions, the main advantages and disadvantages of different methods are provided.

Decision-Making Process on Sustainability: A Systematic Literature Review

2021 ◽  
pp. 225-236
Author(s):  
Renata Amaral Fonseca ◽  
Antônio Márcio Tavares Thomé ◽  
Bruno Milanez
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Decision Making Process

Behavioural biases in investment decision making – a systematic literature review

2015 ◽  
Vol 7 (1) ◽  
pp. 88-108 ◽  
Author(s):  
Satish Kumar ◽  
Nisha Goyal
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Empirical Research ◽  
Systematic Literature Review ◽  
Investment Decision ◽  
Future Research ◽  
Behavioural Finance ◽  
Content Type ◽  
Investment Decision Making ◽  
The Impact

Purpose – The purpose of this paper is to systematically review the literature published in past 33 years on behavioural biases in investment decision-making. The paper highlights the major gaps in the existing studies on behavioural biases. It also aims to raise specific questions for future research. Design/methodology/approach – We employ systematic literature review (SLR) method in the present study. The prominence of research is assessed by studying the year of publication, journal of publication, country of study, types of statistical method, citation analysis and content analysis on the literature on behavioural biases. The present study is based on 117 selected articles published in peer- review journals between 1980 and 2013. Findings – Much of the existing literature on behavioural biases indicates the limited research in emerging economies in this area, the dominance of secondary data-based empirical research, the lack of empirical research on individuals who exhibit herd behaviour, the focus on equity in home bias, and indecisive empirical findings on herding bias. Research limitations/implications – This study focuses on individuals’ behavioural biases in investment decision-making. Our aim is to analyse the impact of cognitive biases on trading behaviour, volatility, market returns and portfolio selection. Originality/value – The paper covers a considerable period of time (1980-2013). To the best of authors’ knowledge, this study is the first using systematic literature review method in the area of behavioural finance and also the first to examine a combination of four different biases involved in investment decision-making. This paper will be useful to researchers, academicians and those working in the area of behavioural finance in understanding the impact of behavioural biases on investment decision-making.

scholarly journals Ranking of Drivers of Sustainable Manufacturing

2020 ◽  
Vol 8 (5) ◽  
pp. 1436-1441
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Decision Model ◽  
Sustainable Manufacturing ◽  
Developing Nations ◽  
Decision Making Process ◽  
Important Criterion ◽  
Decision Variables ◽  
Vast Literature

Sustainable manufacturing is important criterion nowadays in developing nations like India. Its implementation is made almost compulsory for all types of industries for the sake of the environment. It could be better implemented if its supporting factors are used at priority instead of wasting time with other less important factors that are not worthy in the process of implementation. So, here in this paper already identified drivers of sustainable manufacturing through a vast literature review of past articles are ranked to give them priority numbers, so that these could be used at first in comparison to the lower ones in the hierarchy table for implementation of sustainable manufacturing. As the ranking of factors is a decision-making process, here we used one of the Multi-Criteria Decision Model Techniques, named as a fuzzy linguistics approach of decision making for ranking or prioritization of factor, for ranking of drivers of sustainable manufacturing. Total 13 identified drivers have first categorized in four different criteria with four different decision variables using 5 point linguistic ratings and then has been ranked, from one to thirteen as one is for most supportive driver and thirteenth as least supportive driver of sustainable manufacturing. These are suggested to various industries for implementing sustainable manufacturing an easier task for them. It might be very helpful for them.

scholarly journals Kendala-kendala dalam Pengambilan Keputusan

2019 ◽  
Author(s):  
Refty Putri Ar ◽  
Rusdinal ◽  
Hade Afriansyah
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Decision Making Process

Abstrak— The article aims to describe about constraints in decision making. The methodology used to arrange this article is Systematic Literature Review (SLR). Researcher find theories and make a conlclusion about the meaning of decision making. Decision making is choose one of some alternatives. On decision making process, there are some constraints, but the constraint could be surmount. The constraints is like from yourself, the failure of past, don’t understand about the information, excessive consultation, . factor of uncertainly, participation of group, vague roles, laziness, and couldn’t manage the time.Keywords—decision making; constraints of decision making

Cognitive biases and decision-making strategies in times of change: a systematic literature review

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chiara Acciarini ◽  
Federica Brunetta ◽  
Paolo Boccardelli
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Cognitive Biases ◽  
Future Research ◽  
Strategic Decisions ◽  
Data Set ◽  
Content Type ◽  
The Impact

PurposeIn a work environment marked by unprecedented complexity, volatility and ambiguity, managers must accomplish their objectives while navigating many challenges. This paper aims to investigate potential interrelations among environmental transformations, cognitive biases and strategic decisions. In particular, the purpose of the study is to crystallize the state of art on the impact of cognitive biases on strategic decisions, in the context of environmental transformations.Design/methodology/approachThe authors have conducted a systematic literature review to identify existing relevant work on this topic and to detect potential avenues for future research.FindingsThe findings highlight how decision-making is influenced and enabled by internal (e.g. perception) and external factors (e.g. digitalization). Specifically, the strategic role of cognitive biases appears to be crucial when investigating the related impact on strategic decisions in times of environmental transformation.Practical implicationsImplications are drawn for scholars and practitioners interested in evaluating the role of specific decision-making determinants for the formation and implementation of strategic decisions. In this sense, we stress that decision-makers need to manage their cognitive biases and select the right information out of a wide data set in order to adapt to environmental transformations.Originality/valueBy systematizing the literature review, potential interrelations among environmental transformations, cognitive biases and strategic decisions are identified. Furthermore, the primary phases that drive the decision-making process are proposed (analysis, decision, onboarding and control).

scholarly journals Explaining the Consumer Decision-Making Process: Critical Literature Review

2017 ◽  
Vol 2 (6) ◽  
pp. 7-14 ◽  
Author(s):  
Alina Stankevich
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Consumer Behaviour ◽  
Future Research ◽  
Decision Making Process ◽  
Extensive Literature ◽  
Consumer Decision Making ◽  
Consumer Decision ◽  
Academic Publications ◽  
Buying Behaviour

In the last years, research investigating consumer behaviour and how their decision-making process has advanced and has become an important topic in the marketing society and literature. To advance the research further, this paper presents an extensive literature review of academic publications in the area of buying decision-making process in marketing and its status. Furthermore, the paper presents latest trends and themes that emerge there. Based on 24 journal articles, reports and marketing books, the core models and theories in this area were evaluated and discussed. Moreover, a framework of “moments that matter” in consumer decision-making process and factors that influence them was elaborated for a possibility to influence consumer behaviour in favour of company’s offers. Furthermore, recommendations for marketers were suggested for deeper understanding the consumer behaviour and their buying strategies to empower marketing campaigns and be a success in the market. The paper also suggests several directions for future research related to buying behaviour.

scholarly journals Application of Decision-Making Methods in Smart City Projects: A Systematic Literature Review

Smart Cities ◽  
2019 ◽  
Vol 2 (3) ◽  
pp. 433-452 ◽  
Author(s):  
Giang Tran Thi Hoang ◽  
Laurent Dupont ◽  
Mauricio Camargo
Keyword(s):  
Decision Making ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Smart City ◽  
Big Data Analysis ◽  
Shared Vision ◽  
Decision Making Process ◽  
Social Ecological ◽  
The City ◽  
Selection Of

In the current era, Smart City projects have to deal with big social, ecological, and technological challenges such as digitalization, pollution, democratic aspirations, more security, etc. The higher involvement of multi-stakeholders in the different phases of the projects is one strategy, enabling a variety of perspectives to be considered and thus to develop a shared vision of the city. Paradoxically, the dynamic and multiple natures of stakeholders appear to be a source of complication and uncertainty in the decision-making process. This study aims to provide a better understanding of this paradox and uses a systematic literature review methodology, as an original big data analysis, in order to investigate decision-making methods, enabling communication between multi-stakeholders, especially the involvement of citizens, into various phases of Smart City projects. Beginning with 606 papers, a bibliometric process led to the selection of 76 of these articles. Detailed analysis of these documents generated a general map for applying different decision-making methods at various levels of decision and implementation phases.

A Systematic Literature Review of the EFQM Excellence Model from 1991 to 2019

1970 ◽  
Vol 2 (2) ◽  
pp. 11-15
Author(s):  
Muhammad Yousaf ◽  
Petr Bris
Keyword(s):  
Quality Management ◽  
Data Collection ◽  
Literature Review ◽  
Systematic Literature Review ◽  
Quantitative Research ◽  
Web Of Science ◽  
State Of The Art ◽  
Future Research ◽  
European Foundation ◽  
The Subject

A systematic literature review (SLR) from 1991 to 2019 is carried out about EFQM (European Foundation for Quality Management) excellence model in this paper. The aim of the paper is to present state of the art in quantitative research on the EFQM excellence model that will guide future research lines in this field. The articles were searched with the help of six strings and these six strings were executed in three popular databases i.e. Scopus, Web of Science, and Science Direct. Around 584 peer-reviewed articles examined, which are directly linked with the subject of quantitative research on the EFQM excellence model. About 108 papers were chosen finally, then the purpose, data collection, conclusion, contributions, and type of quantitative of the selected papers are discussed and analyzed briefly in this study. Thus, this study identifies the focus areas of the researchers and knowledge gaps in empirical quantitative literature on the EFQM excellence model. This article also presents the lines of future research.

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