scholarly journals CONSTRUCTING A NETWORK EVALUATION FRAMEWORK FOR IMPROVING THE FINANCIAL ECOSYSTEM IN SMALL-MEDIUM SIZE FIRMS

2018 ◽  
Vol 24 (3) ◽  
pp. 893-913
Author(s):  
Cheng Shian LIN ◽  
Chun Yueh LIN
Keyword(s):  
Supply Chain ◽  
Evaluation Model ◽  
Academic Support ◽  
Optimal Solution ◽  
Analytic Network Process ◽  
Evaluation Framework ◽  
Medium Size ◽  
Supply Chain Finance ◽  
Proposed Model ◽  
Network Process

This study presents an evaluation framework to measure the various operations to acquire the optimal core operation (CO) when financier provides the supply chain finance (SCF) services in smartphone industry supply chain (SC). The proposed model applies the modify Delphi method and analytic network process (ANP). First, the evaluation model establishes a network with three criteria, eleven sub-criteria and four operations. Next, the ANP is utilized to the framework to obtain the relative weights of the criteria. Finally, the application of the multi-criteria decision making process will list the optimal CO on the basis of their rankings in the framework.The proposed model and the relevant research results can provide academic support to the decision-makers on finance sector with a valuable objective guide for assessing the CO of smartphone industry SC programs to determine the optimal solution in their actual administration of SCF service practices.

scholarly journals Measuring the Environmental Maturity of the Supply Chain Finance: A Big Data-Based Multi-Criteria Perspective

Logistics ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 22
Author(s):  
Hisham Alidrisi
Keyword(s):  
Big Data ◽  
Supply Chain ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Assessment Model ◽  
Self Assessment ◽  
Interpretive Structural Modeling ◽  
Supply Chain Finance ◽  
Network Process ◽  
Order Preference

This paper presents a strategic roadmap to handle the issue of resource allocation among the green supply chain management (GSCM) practices. This complex issue for supply chain stakeholders highlights the need for the application of supply chain finance (SCF). This paper proposes the five Vs of big data (value, volume, velocity, variety, and veracity) as a platform for determining the role of GSCM practices in improving SCF implementation. The fuzzy analytic network process (ANP) was employed to prioritize the five Vs by their roles in SCF. The fuzzy technique for order preference by similarity to ideal solution (TOPSIS) was then applied to evaluate GSCM practices on the basis of the five Vs. In addition, interpretive structural modeling (ISM) was used to visualize the optimum implementation of the GSCM practices. The outcome is a hybrid self-assessment model that measures the environmental maturity of SCF by the coherent application of three multicriteria decision-making techniques. The development of the Basic Readiness Index (BRI), Relative Readiness Index (RRI), and Strategic Matrix Tool (SMT) creates the potential for further improvements through the integration of the RRI scores and ISM results. This hybrid model presents a practical tool for decision-makers.

scholarly journals A structured framework for sustainable supplier selection using a combined BWM-CoCoSo model

2019 ◽  
Author(s):  
Sarfaraz Hashemkhani Zolfani ◽  
Prasenjit Chatterjee ◽  
Morteza Yazdani
Keyword(s):  
Supplier Selection ◽  
Evaluation Model ◽  
Analytic Network Process ◽  
Sustainable Supply Chain ◽  
Economic Significance ◽  
Industrial Organizations ◽  
Multi Criteria Evaluation ◽  
Proposed Model ◽  
Sustainable Supplier Selection ◽  
Network Process

Purpose – sustainability in industrial organizations is becoming one of the predominant concepts in the context of modern industrialization due to global warming, economic significance, and social awareness. These have prompted a huge concern toward sustainable supply chain management (SSCM) to be adopted and promoted as an innovative business model. Supplier evaluation and selection play a significant role in SSCM for taking appropriate procurement decisions. Research methodology – a hybrid MADM model based on Best Worst Method (BWM) and Combined Comprise Solution (CoCoSo) method. Findings – a case study in the steel industry is presented to demonstrate the effectiveness of the proposed approach. The results show the potentiality of the proposed model in resolving complex sustainability issues in the SCM environment. Research limitations – other weighting techniques like the analytic network process (ANP) and decision making trial and evaluation laboratory (DEMATEL) approaches can also be combined and performances can be compared. Practical implications – the proposed model can be used by the organizations to select the most appropriate suppliers who contribute to the movement of the SC towards sustainability. Originality/Value – a multi-criteria evaluation model has been proposed for solving a sustainable supplier selection problem while considering economic, environmental and social criteria simultaneously by integrating BWM-COCOSO methods

scholarly journals A NEW HYBRID MODEL FOR EVALUATING THE WORKING STRATEGIES: CASE STUDY OF CONSTRUCTION COMPANY

2012 ◽  
Vol 18 (1) ◽  
pp. 164-188 ◽  
Author(s):  
Mohammad Majid Fouladgar ◽  
Abdolreza Yazdani-Chamzini ◽  
Edmundas Kazimieras Zavadskas ◽  
S. Hamzeh Haji Moini
Keyword(s):  
Evaluation Model ◽  
Analytic Network Process ◽  
Construction Company ◽  
Fuzzy Environment ◽  
Real World Application ◽  
Proposed Model ◽  
Network Process ◽  
High Degree ◽  
A Company ◽  
Selection Of

Selection of the working strategy is a critical problem and it plays a significant role in the success of organization development. On the other hand, selecting the most appropriate working strategy among a pool of alternatives is a multi-criteria decision making (MCDM) problem. Since every working strategy has its benefits and costs and may bring a company different opportunities and risks, which kind of working strategy is the most appropriate for a company to accomplish is a sophisticated and complex decision with a high degree of uncertainty. Therefore, the current paper proposed an integrated evaluation model based on the analytic network process (ANP) and the complex proportional assessment (COPRAS), to help the decision makers or managers with the selection of proper working strategy in a fuzzy environment where the fuzziness and uncertainties are handled with linguistic terms parameterized by triangular fuzzy numbers (TFNs). In this paper fuzzy ANP (FANP) is utilized to take into account interdependence and dependencies and determine the importance weights of benefit, opportunities, cost and risk (BOCR) factors, and fuzzy COPRAS is applied to rank the alternatives. To show the potential application of the proposed model, a real world application is conducted to illustrate the use of the proposed model for the working strategy selection problem. The results show the capability and effectiveness of the proposed model.

The Application of ANP in the Trust Relationship in Supply Chain Partnership

2010 ◽  
Vol 439-440 ◽  
pp. 783-787
Author(s):  
Jin Yu Wei ◽  
Xiao Min Yan ◽  
Ran Bi
Keyword(s):  
Supply Chain ◽  
Competitive Advantage ◽  
Evaluation Model ◽  
Analytic Network Process ◽  
Sustainable Competitive Advantage ◽  
Trust Relationship ◽  
Network Process ◽  
Working Together

Companies set the highest standards of working together throughout the supply chain to create value and sustainable competitive advantage. Trust plays a most important role in the cooperation of supply chain. This study provided an effective method to evaluate the priorities on factors for partnership in supply chain. The factors which affect the trust partnership were setup and an evaluation model was built. Analytic Network Process was used to compute the priority of factors.

scholarly journals Emergency Capacity of Small Towns to Endure Sudden Environmental Pollution Accidents: Construction and Application of an Evaluation Model

2021 ◽  
Vol 13 (10) ◽  
pp. 5511
Author(s):  
Delu Wang ◽  
Yadong Wang
Keyword(s):  
Environmental Pollution ◽  
Evaluation Model ◽  
Empirical Evaluation ◽  
Analytic Network Process ◽  
Small Towns ◽  
Evaluation Index System ◽  
Four Dimensions ◽  
Recovery Capacity ◽  
Network Process ◽  
Response And Recovery

Sudden environmental pollution accidents (SEPAs) in small towns are characterized by high uncertainty, complex evolution, and fast spread speed, and they cause serious harm to a wide geographic range. Thus, SEPAs greatly challenge the emergency management systems of enterprises and governments. Therefore, improving the emergency capacity of small towns (ECST) to withstand SEPAs deserves more attention. In this study, the evolution mechanism of SEPAs is systematically analyzed, revealing the interactions among various situational elements in the SEPA occurrence process. Then, an evaluation index system of the ECST response to SEPAs is constructed based on four dimensions: monitoring and early warning capacity, preparedness and mitigation capacity, response, and recovery capacity. The system includes 68 indicators and covers the key stages of the SEPA life cycle. Finally, an evaluation model of the ECST to SEPAs is proposed based on the analytic network process method, and the small town of Jiangyin City is selected as a case study for empirical evaluation. The proposed evaluation model considers the interactions and interdependent feedback between indexes, effectively improving the accuracy and scientific nature of the evaluation results. Thus, this model provides a solid decision-making reference for governments and a quantitative theoretical basis for the formulation of measures targeted at SEPAs.

scholarly journals Using the Analytical Network Process to Select the Best Strategy for Reducing Risks in a Supply Chain

2013 ◽  
Vol 2013 ◽  
pp. 1-9 ◽  
Author(s):  
L. Hosseini ◽  
R. Tavakkoli-Moghaddam ◽  
B. Vahdani ◽  
S. M. Mousavi ◽  
R. Kia
Keyword(s):  
Supply Chain ◽  
Multicriteria Decision Making ◽  
Analytic Network Process ◽  
Supply Chain Network ◽  
Total Quality ◽  
Analytic Hierarchy ◽  
Network Process ◽  
Supply Chain Risks ◽  
Hierarchy Process ◽  
Different Levels

This paper considers four types of the most prominent risks in the supply chain. Their subcriteria and relations between them and within the network are also considered. In a supply chain, risks are mostly created by fluctuations. The aim of this study is to adopt a strategy for eliminating or reducing risks in a supply chain network. Having various solutions helps the supply chain to be resilient. Therefore, five alternatives are considered, namely, total quality management (TQM), leanness, alignment, adaptability, and agility. This paper develops a new network of supply chain risks by considering the interactions between risks. Perhaps, the network elements have interacted with some or all of the factors (clusters) or subfactors. We constitute supply chain risks in the analytic network process (ANP), which attracted less attention in the previous studies. Most of the studies about making a decision in supply chains have been applied in analytic hierarchy process (AHP) network. The present study considers the ANP as a well-known multicriteria decision making (MCDM) technique to choose the best alternative, because of the interdependency and feedbacks of different levels of the network. Finally, the ANP selects TQM as the best alternative among the considered ones.

scholarly journals Environmental Issues in Supply Chain Management using MCDM Tool - An Example from Mining Industry

2019 ◽  
Vol 8 (4S2) ◽  
pp. 196-201
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Mining Industry ◽  
Environmental Issues ◽  
Analytic Network Process ◽  
Green Supply Chain ◽  
Chain Management ◽  
Network Process ◽  
Main Factors ◽  
Decision Making Tool

Green supply chain management is being concerned for both development and eminent difficulties are observed through supply chain mining activities. In Mining Industry, All the exercises engaged with extraction, generation, circulation add to ecological concerns. The ecological and health problem are still now prevailing due to uncaring in green supply chain activities. In our thesis the environmental problems are categorized as main factors and sub factors by collecting opinion from industrial experts & reputed literature survey. The main factors and sub- factors are rated and evaluated by one of the multi criteria decision making tool (MCDM) i.e Fuzzy Analytic Network Process (ANP). According to AHP, the main factors and sub factors are rated and arranged as more affecting factor to environment based on global value attained. As the result, it was found that the most influencing factors are Impact on land and its sub factors.

An analytic network process model for hospital facilities management performance evaluation

Facilities ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Joseph H.K. Lai ◽  
Huiying (Cynthia) Hou ◽  
David J. Edwards ◽  
P.L. Yuen
Keyword(s):  
Performance Evaluation ◽  
Performance Indicators ◽  
Process Model ◽  
Evaluation Model ◽  
Analytic Network Process ◽  
Facilities Management ◽  
Focus Group Study ◽  
Content Type ◽  
Network Process

Purpose This study aims to establish a rigorous model that can pragmatically evaluate the facilities management (FM) performance of hospitals. Design/methodology/approach Among the applicable performance indicators that were identified from extant literature, a focus group study shortlisted ten key performance indicators (KPIs) in four categories (safety, physical, financial and environmental) and verified their practicality. Using the analytic network process (ANP) method to process the focus group’s responses yielded importance weightings for the KPIs and developed the intended evaluation model. This model was then validated by a case study. Findings From the empirical data collected, two types of FM performance data and two scenarios of KPI scores were identified. To process these data and scores, a robust calculation method was devised and then proved useful in obtaining an overall score for holistic hospital FM performance. The case study confirmed the appropriateness and validity of the model developed. Research limitations/implications Through illustrating how the ANP method could be applied to develop an FM performance evaluation model, the study contributes knowledge to the multi-criteria decision-making domain. Despite the geographical limitation of the model established (i.e. centered around a group of hospitals investigated in Hong Kong), the study can serve as a reference for developing performance evaluation models for other buildings or infrastructures globally. Practical implications The model constitutes a practical tool for evaluating the FM performance of hospitals. Using this model on a regular basis will enable performance benchmarking and hence, continuous improvement of FM services. Originality/value The ANP model established is the first of its kind tailored for evaluation of hospital FM performance.

Selection of Transportation Channels in Closed-Loop Supply Chain Using Meta-Heuristic Algorithm

2020 ◽  
pp. 726-749
Author(s):  
Sonu Rajak ◽  
P. Parthiban ◽  
R. Dhanalakshmi
Keyword(s):  
Supply Chain ◽  
Environmental Impact ◽  
Closed Loop ◽  
Analytic Network Process ◽  
Network Design Problem ◽  
Fixed Cost ◽  
Closed Loop Supply Chain ◽  
Network Process ◽  
Milp Model ◽  
Optimum Cost

This article presents a closed-loop supply chain (CLSC) network design problem consisting of both forward and reverse material flows. Here, a four-echelon single-product system is introduced in which multiple transportation channels are considered between the nodes of each echelon. Each design is analyzed for the optimum cost, time and environmental impact which form objective functions. The problem is modeled as a tri-objective mixed integer linear programming (MILP) model. The cost objective aggregates the opening cost (fixed cost) and the variable costs in both forward and reverses material flow. The time objective considers the longest transportation time from plants to customers and reverse. Factors of environmental impact are categorized and weighed using an analytic network process (ANP) which forms the environmental objective function. A genetic algorithm (GA) has been applied as a solution methodology to solve the MILP model. Ultimately, a case problem is also used to illustrate the model developed and concluding remarks are made regarding the results.

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