Full text

Turn on search term navigation

© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

In light of the rapid rate of change and unforeseen occurrences seen in the realms of technology, market dynamics, and the wider business landscape, there is a growing need for the inclusion of uncertainty and risk factors in the realm of supply chain planning. Supplier evaluation and selection (SES) is a major strategic decision area where the impact of uncertainty and risk can be more proactively dealt with. A review of extant literature reveals that there is a strong need for developing practitioner-oriented and more comprehensive frameworks and models to mitigate both the capability- and performance-related risks, in the context of SES decisions. This paper presents an integrated model to support SES decisions involving quantity discounts and multiple planning periods under stochastic conditions. The proposed model employs the Fuzzy Analytical Hierarchy Process (FAHP), Fuzzy Evaluation Based on Distance from Average Solution EDAS (EDAS-F), and fuzzy stochastic goal programming (FSGP) to effectively address the above requirements. A case study from a garment manufacturing industry is used to demonstrate the efficacy of the proposed model. The findings of the study provide confirmation that the suggested FSIM has the ability to provide substantial advantages in the context of making choices related to quantity discounts in SES. The proposed FSIM model incorporates the use of FAHP and EDAS-F techniques to effectively reduce the number of suppliers to a manageable level, taking into consideration capability-based risks. Additionally, fuzzy stochastic goal programming (FSGP) is employed to mitigate performance-based risks, enabling the selection of suppliers and the allocation of orders among them. The paper contributes to the literature by proposing a comprehensive framework to solve the SES problem, considering certain practical situations faced by organizations.

Details

Title
A New Fuzzy Stochastic Integrated Model for Evaluation and Selection of Suppliers
Author
Ulutaş, Alptekin 1   VIAFID ORCID Logo  ; Kiridena, Senevi 2 ; Shukla, Nagesh 3   VIAFID ORCID Logo  ; Topal, Ayse 4 

 International Trade and Business Department, Inonu University, Malatya 44000, Turkey 
 School of Mechanical, Materials, Mechatronic and Biomedical Engineering, University of Wollongong, Wollongong 2522, Australia; [email protected] 
 Business Strategy and Innovation Department, Griffith University, Brisbane 4111, Australia; [email protected] 
 Business Administration Department, Nigde Omer Halisdemir University, Nigde 51240, Turkey; [email protected] 
First page
1070
Publication year
2023
Publication date
2023
Publisher
MDPI AG
e-ISSN
20751680
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2904629469
Copyright
© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.