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Evaluation and Ranking the Resilient Suppliers with the Combination of Decision Making Techniques.
- Source :
-
Management & Production Engineering Review (MPER) . Sep2021, Vol. 12 Issue 3, p129-140. 12p. - Publication Year :
- 2021
-
Abstract
- Supply chain management emerged as the ultimate management strategy to ensure the competitive advantages of companies in their markets. Suppliers are considered as inevitable sources of external risks in modern supply chains. In this respect, resonance is essential for the ability to adapt in resonance to disturbances and to restore in choosing suppliers. As suppliers of critical resources are vulnerable, choosing better suppliers to create resilience, and thereby reducing the risks in the supply chain as a whole. In recent years, emphasis has been placed on supply chain resilience and resilient suppliers, but few studies have been conducted on the evaluation and selection of resilient suppliers with multi-criteria decision making models. The main purposes of this study are a broad review of the literature on the resilient factor, factorization, efficiency of key factors in the reliance of suppliers and the ranking of resilient suppliers using the combined approach of SWARA and WASPAS. For this purpose, after a comprehensive review of Literature interview with the experts of petrochemical upstream industry, six key factors and overall resilience of suppliers were identified in eighteen factors. Then the weight of the dimensions was determined by using the SWARA method. The output of the method showed that supplier accountability and key performance factors were the most important factors in assessing the resilience of suppliers. Using the supporting method, five resilient suppliers were evaluated based on six dimensions and the final ranking of suppliers was determined. With this ranking, the industry will be a major step towards improving supply chain and increasing suppliers' resilience to address disruptions and risks, improve supply and achieve competitive advantage and satisfy the consumers' needs. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 20808208
- Volume :
- 12
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- Management & Production Engineering Review (MPER)
- Publication Type :
- Academic Journal
- Accession number :
- 152915607
- Full Text :
- https://doi.org/10.24425/mper.2021.137685