Supplier evaluation and selection in fuzzy environments: a review of MADM approaches

Journal Title: Economic Research-Ekonomska Istraživanja - Year 2017, Vol 30, Issue 1

Abstract

In past years, the multi-attribute decision-making (MADM) approaches have been extensively applied by researchers to the supplier evaluation and selection problem. Many of these studies were performed in an uncertain environment described by fuzzy sets. This study provides a review of applications of MADM approaches for evaluation and selection of suppliers in a fuzzy environment. To this aim, a total of 339 publications were examined, including papers in peer-reviewed journals and reputable conferences and also some book chapters over the period of 2001 to 2016. These publications were extracted from many online databases and classified in some categories and subcategories according to the MADM approaches, and then they were analysed based on the frequency of approaches, number of citations, year of publication, country of origin and publishing journals. The results of this study show that the AHP and TOPSIS methods are the most popular approaches. Moreover, China and Taiwan are the top countries in terms of number of publications and number of citations, respectively. The top three journals with highest number of publications were: Expert Systems with Applications, International Journal of Production Research and The International Journal of Advanced Manufacturing Technology.

Authors and Affiliations

Keywords

Related Articles

Stress and burnout of human resources at the level of Mehedinti County – Romania organisations

The evolution of human society as a whole has generated, in addition to the positive aspects (growth of living standards, improving communication, easy access to breakthrough technologies and information, etc.), a number...

Corporate social responsibility and financial performance relationship: a review of measurement approaches

The relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) has been subject to extensive empirical enquiry. Yet the body of evidence that has accumulated about the nature of...

Human resources in a draught: how managers construed the role and meaning of human resource management during the 2008 economic crisis in Slovenia

An empirical study of interpretive schemas regarding human resource management (HRM) and its social responsibility of selected manufacturers in the automotive industry and of financial institutions is presented. We were...

Causality between corruption and the level of GDP

Interaction between corruption and economic development is one of the most widely studied topics in the recent history of scientific research. Because of the strong influence of both these factors on the standard of livi...

Non-life insurance price dynamics: evidence from the Chinese insurance market

Non-life insurance prices may fluctuate due to economic and/or institutional factors; occasionally, the changes are cyclical. While the majority of previous studies relating to insurance price dynamics adopt data from de...

Download PDF file
  • EP ID EP322471
  • DOI -
  • Views 50
  • Downloads 0

How To Cite

(2017). Supplier evaluation and selection in fuzzy environments: a review of MADM approaches. Economic Research-Ekonomska Istraživanja, 30(1), -. https://europub.co.uk/articles/-A-322471