scholarly journals Fuzzy Multicriteria Analysis for Performance Evaluation of Internet of Things Based Supply Chains

2018 ◽  
Author(s):  
Santoso Wibowo ◽  
Srimannarayana Grandhi
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Performance Evaluation ◽  
Internet Of Things ◽  
Supply Chains ◽  
Multicriteria Analysis ◽  
Evaluation Process ◽  
Analysis Model ◽  
Intuitionistic Fuzzy Numbers ◽  
Decision Making Model

The performance evaluation of the Internet of Things (IoT) based supply chain is challenging due to the involvement of multiple decision makers, the multi-dimensional nature of the evaluation process, and the existence of uncertainty and imprecision in the decision making process. To ensure effective decisions are made, this paper presents a fuzzy multicriteria analysis model for evaluating the performance of IoT based supply chain. The inherent uncertainty and imprecision of the performance evaluation process is adequately handled by using intuitionistic fuzzy numbers. A new algorithm is developed for determining the overall performance index for each alternative across all criteria. The development of the fuzzy multicriteria group decision making model provides organizations with the ability to effectively evaluate the performance of their IoT based supply chains for improving their competitiveness. An example is presented for demonstrating the applicability of the model for dealing with real world IoT-based performance evaluation problems.

scholarly journals Fuzzy Multicriteria Analysis for Performance Evaluation of Internet-of-Things-Based Supply Chains

Symmetry ◽  
2018 ◽  
Vol 10 (11) ◽  
pp. 603 ◽  
Author(s):  
Santoso Wibowo ◽  
Srimannarayana Grandhi
Keyword(s):  
Decision Making ◽  
Performance Evaluation ◽  
Internet Of Things ◽  
Supply Chains ◽  
Group Decision Making ◽  
Group Decision ◽  
Multicriteria Analysis ◽  
Analysis Model ◽  
Intuitionistic Fuzzy ◽  
Multicriteria Group Decision Making

This paper presents a fuzzy multicriteria analysis model for evaluating the performance of Internet of Things (IoT)-based supply chains. The inherent uncertainty and imprecision of the performance evaluation process was handled by using intuitionistic fuzzy numbers. A new fuzzy multicriteria group decision making algorithm based on the technique ordered preference by similarity to the ideal solution (TOPSIS) approach, and the concept of similarity measures was developed for determining the overall performance of each alternative. The advantage of the proposed fuzzy multicriteria analysis model is that it can overcome the limitations of the existing approaches in an intuitionistic fuzzy environment. The fuzzy multicriteria group decision-making model provides organizations with the ability to evaluate the performance of their IoT-based supply chains for improving their competitiveness. An example is presented to highlight the usefulness of the proposed model for tackling a real world IoT performance evaluation problem.

scholarly journals Warranty Period Decision and Coordination in Closed-Loop Supply Chains Considering Remanufacturing and Consumer Behavior

2019 ◽  
Vol 11 (15) ◽  
pp. 4237 ◽  
Author(s):  
Xiaodong Zhu ◽  
Lingfei Yu ◽  
Wei Li
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Supply Chains ◽  
Closed Loop ◽  
Supply Chain System ◽  
Closed Loop Supply Chain ◽  
Chain System ◽  
Warranty Period ◽  
Closed Loop Supply Chains ◽  
Decision Making Model

The closed-loop supply chain management model is an effective way to promote sustainable economic development and environmental protection. Increasing the sales volume of remanufactured products to stimulate green growth is a key issue in the development of closed-loop supply chains. By designing an effective warranty strategy, customer’s perceived value can be enhanced and market demand can be stimulated. This study cuts through the warranty period of closed-loop supply chain products. Based on the perspective of consumer behavior, game theory is used to construct the optimal decision-making model for closed-loop supply chains. The optimal warranty decision making for new products and remanufactured products under centralized and decentralized decision-making models is discussed. Further, the impact of the closed-loop supply chain system with warranty services and the design of contract coordination is also shown. We show that consumer preference has a positive impact on the sales of remanufactured products and the profits of enterprises; with the extension of the new product and remanufacturing warranty period, the profit of the supply chain system first increases and then decreases, and the value is maximized at the extreme point in the manufacturer-led decision-making model. Furthermore, the leader gains higher profits with bargaining power, but the profit of the supply chain system under decentralized decision model is less than that of the centralized decision model, reflecting the double marginalization effect. The revenue sharing contract and the two-charge contract designed in this study coordinate the closed-loop supply chain system with warranty services, so that the member companies in the supply chain can achieve Pareto improvement.

scholarly journals Evaluation of Cloud Services: A Fuzzy Multicriteria Group Decision Making Method

2016 ◽  
Author(s):  
Santoso Wibowo ◽  
Hepu Deng ◽  
Wei Xu
Keyword(s):  
Decision Making ◽  
Performance Evaluation ◽  
Group Decision Making ◽  
Group Decision ◽  
Choquet Integral ◽  
Evaluation Process ◽  
Cloud Services ◽  
Intuitionistic Fuzzy Numbers ◽  
Decision Making Problem ◽  
Multicriteria Group Decision Making

This paper formulates the performance evaluation of cloud services as a multicriteria group decision making problem, and presents a fuzzy multicriteria group decision making method for evaluating the performance of cloud services. Interval-valued intuitionistic fuzzy numbers are used to model the inherent subjectiveness and imprecision of the performance evaluation process. An effective algorithm is developed based on the technique for order preference by similarity to ideal solution method and the Choquet integral operator for adequately solving the performance evaluation problem. An example is presented to demonstrate the applicability of the proposed fuzzy multicriteria group decision making method for solving the multicriteria group decision making problem in real world situations.

Post COVID-19 Potentials and Innovation: The Future Supply Chain

2020 ◽  
Vol 11 (SPL1) ◽  
pp. 1054-1057
Author(s):  
Bindu Swetha Pasuluri ◽  
Anuradha S G ◽  
Manga J ◽  
Deepak Karanam
Keyword(s):  
Mental Health ◽  
Decision Making ◽  
Supply Chain ◽  
Supply Chains ◽  
World Health Organization ◽  
World Wide ◽  
World Health ◽  
Future Supply ◽  
Entire World ◽  
Health Organization

An unanticipated outburst of pneumonia of inexperienced in Wuhan, , China stated in December 2019. World health organization has recognized pathogen and termed it COVID-19. COVID-19 turned out to be a severe urgency in the entire world. The influence of this viral syndrome is now an intensifying concern. Covid-19 has changed our mutual calculus of ambiguity. It is more world-wide in possibility, more deeply , and much more difficult than any catastrophe that countries and organizations have ever faced. The next normal requires challenging ambiguity head-on and building it into decision-making. It is examined that every entity involved in running supply chains would require through major as employee, product, facility protocols, and transport would have to be in place. It is an urgent need of structuring to apply the lessons well-read for our supply chain setup. With higher managers now being aware of the intrinsic hazards in their supply chain, key and suggestions-recommendations will help to guide leader to commit to a newly planned, more consistent supply chain setup. Besides, the employees’ mental health is also a great concern.

A partner selection problem for complex product of manufacturing enterprises in supply chain

2021 ◽  
pp. 1-13
Author(s):  
Congdong Li ◽  
Yinyun Yu ◽  
Wei Xu ◽  
Jianzhu Sun
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Fuzzy Theory ◽  
Partner Selection ◽  
Manufacturing Companies ◽  
Complex Product ◽  
Manufacturing Enterprises ◽  
Collaborative Manufacturing ◽  
Matching Degree ◽  
Decision Making Model

In order to better meet customer needs and respond to market demands more quickly, mounting number of manufacturing companies have begun to bid farewell to the traditional unitary manufacturing model. The collaborative manufacturing model has become a widely adopted manufacturing model for manufacturing companies. Aiming at the problem of partner selection for collaborative manufacturing of complex products in a collaborative supply chain environment, this paper proposes a multi-objective decision-making model that comprehensively considers the maximization of the matching degree of manufacturing capacity and the profits of supply chain, and gives the modeling process and application steps in detail. The method first uses fuzzy theory to evaluate the manufacturing capabilities of candidate collaborative manufacturing partners. Secondly, Vector Space Model (VSM) is used to calculate the matching degree of manufacturing capacity and manufacturing demand. Then, the paper studied the profit of the supply chain under the “non-cooperative” mechanism and the “revenue sharing” mechanism. Furthermore, the decision-making model is established. Finally, a simulation was carried out by taking complex product manufacturing of Gree enterprise as an example. The research results show the feasibility and effectiveness of the method.

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