IDEAS home Printed from https://ideas.repec.org/a/aye/journl/v9y2023i1p1-15.html
   My bibliography  Save this article

Evaluation of Supply Chain Resilience in N-11 Countries by MEREC Based EDAS, MARCOS, WASPAS Integrated Method

Author

Listed:
  • Zafer DURAN

    (Department of Management and Organization, School of Gazipaşa Mustafa Rahmi Büyükballı Vocational, Alanya Alaaddin Keykubat University, Antalya, Türkiye)

Abstract

Supply chain resilience is an important factor in ensuring the growth and development of economies, as well as profitable operations in businesses. Because, unstable supply chains can cause an increase in operational costs, loss of workforce, and a decrease in economic mobility as a result of possible disruptions. In this study, supply chain resilience was evaluated consider-ing the potential of N-11 countries. The Global Resilience Index data published by FM Global was used in the evaluation process, and the weights of the indicators related to the resilience of the supply chain were determined by the MEREC method. The relative rankings of the coun-tries were then determined by the EDAS, MARCOS, and WASPAS methods. The resulting rankings were combined with the BORDA counting method to form the final rankings for supply chain resilience of N-11 countries. The focus on the subject and the methods used have given the research a unique identity. As a result of the calculations, Supply Chain Visibility and Corporate Governance indicators stand out as the most important indicators affecting supply chain resilience in N-11 countries, while South Korea and Türkiye are the two best countries in terms of supply chain resilience among N-11 countries. Various suggestions were made to researchers and practitioners in line with the findings.

Suggested Citation

  • Zafer DURAN, 2023. "Evaluation of Supply Chain Resilience in N-11 Countries by MEREC Based EDAS, MARCOS, WASPAS Integrated Method," Yildiz Social Science Review, Yildiz Technical University, vol. 9(1), pages 1-15.
    • Handle: RePEc:aye:journl:v:9:y:2023:i:1:p:1-15
    DOI: 10.51803/yssr.1246243
    as

    Download full text from publisher

    File URL: https://yssr.yildiz.edu.tr/storage/upload/pdfs/1701780108-en.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.51803/yssr.1246243?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Shima Lashgari & Jurgita Antuchevičienė & Alireza Delavari & Omid Kheirkhah, 2014. "Using QSPM and WASPAS methods for determining outsourcing strategies," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 15(4), pages 729-743, September.
    2. Alireza Alinezhad & Javad Khalili, 2019. "New Methods and Applications in Multiple Attribute Decision Making (MADM)," International Series in Operations Research and Management Science, Springer, number 978-3-030-15009-9, September.
    3. Chih-Hung Hsu & Ming-Ge Li & Ting-Yi Zhang & An-Yuan Chang & Shu-Zhen Shangguan & Wan-Ling Liu, 2022. "Deploying Big Data Enablers to Strengthen Supply Chain Resilience to Mitigate Sustainable Risks Based on Integrated HOQ-MCDM Framework," Mathematics, MDPI, vol. 10(8), pages 1-35, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hossein Yousefi & Mohammad Hasan Ghodusinejad & Armin Ghodrati, 2022. "Multi-Criteria Future Energy System Planning and Analysis for Hot Arid Areas of Iran," Energies, MDPI, vol. 15(24), pages 1-25, December.
    2. Hossein Yousefi & Saheb Ghanbari Motlagh & Mohammad Montazeri, 2022. "Multi-Criteria Decision-Making System for Wind Farm Site-Selection Using Geographic Information System (GIS): Case Study of Semnan Province, Iran," Sustainability, MDPI, vol. 14(13), pages 1-27, June.
    3. Lutfi, Abdalwali & Alrawad, Mahmaod & Alsyouf, Adi & Almaiah, Mohammed Amin & Al-Khasawneh, Ahmad & Al-Khasawneh, Akif Lutfi & Alshira'h, Ahmad Farhan & Alshirah, Malek Hamed & Saad, Mohamed & Ibrahim, 2023. "Drivers and impact of big data analytic adoption in the retail industry: A quantitative investigation applying structural equation modeling," Journal of Retailing and Consumer Services, Elsevier, vol. 70(C).
    4. Dana Hübelová & Martina Kuncová & Hana Vojáčková & Jitka Coufalová & Alice Kozumplíková & Francois Stefanus Lategan & Beatrice-Elena Chromková Manea, 2021. "Inequalities in Health: Methodological Approaches to Spatial Differentiation," IJERPH, MDPI, vol. 18(23), pages 1-21, November.
    5. Mohammed Ifkirne & Houssam El Bouhi & Siham Acharki & Quoc Bao Pham & Abdelouahed Farah & Nguyen Thi Thuy Linh, 2022. "Multi-Criteria GIS-Based Analysis for Mapping Suitable Sites for Onshore Wind Farms in Southeast France," Land, MDPI, vol. 11(10), pages 1-26, October.
    6. Martina Kuncova & Jana Seknickova, 2022. "Two-stage weighted PROMETHEE II with results’ visualization," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 30(2), pages 547-571, June.
    7. Abdalwali Lutfi & Akif Lutfi Al-Khasawneh & Mohammed Amin Almaiah & Ahmad Farhan Alshira’h & Malek Hamed Alshirah & Adi Alsyouf & Mahmaod Alrawad & Ahmad Al-Khasawneh & Mohamed Saad & Rommel Al Ali, 2022. "Antecedents of Big Data Analytic Adoption and Impacts on Performance: Contingent Effect," Sustainability, MDPI, vol. 14(23), pages 1-23, November.
    8. Stefan Jovčić & Petr Průša, 2021. "A Hybrid MCDM Approach in Third-Party Logistics (3PL) Provider Selection," Mathematics, MDPI, vol. 9(21), pages 1-19, October.
    9. Nora Sharkasi & Nguyen Vo Hien Chau & Jay Rajasekera, 2023. "Export Potential Analysis of Vietnamese Bottled Coconut Water by Incorporating Criteria Weights of MCDM into the Gravity of Trade Model," Sustainability, MDPI, vol. 15(15), pages 1-26, July.
    10. Jiawei Qi & Yichen Zhang & Jiquan Zhang & Yanan Chen & Chenyang Wu & Chenyu Duan & Zhongshuai Cheng & Zengkai Pan, 2022. "Research on the Evaluation of Geological Environment Carrying Capacity Based on the AHP-CRITIC Empowerment Method," Land, MDPI, vol. 11(8), pages 1-17, July.
    11. Marco Locurcio & Francesco Tajani & Pierluigi Morano & Debora Anelli & Benedetto Manganelli, 2021. "Credit Risk Management of Property Investments through Multi-Criteria Indicators," Risks, MDPI, vol. 9(6), pages 1-23, June.
    12. Ghodusinejad, Mohammad Hasan & Lavasani, Zahra & Yousefi, Hossein, 2023. "A combined decision-making framework for techno-enviro-economic assessment of a commercial CCHP system," Energy, Elsevier, vol. 276(C).
    13. Ahmed, Umair & Carpitella, Silvia & Certa, Antonella, 2021. "An integrated methodological approach for optimising complex systems subjected to predictive maintenance," Reliability Engineering and System Safety, Elsevier, vol. 216(C).
    14. Bakır Mahmut & Akan Şahap & Durmaz Emrah, 2019. "Exploring service quality of low-cost airlines in Europe: An integrated MCDM approach," Economics and Business Review, Sciendo, vol. 5(2), pages 109-130, June.
    15. Ning Lu & Yefei Li & Bochu Xu, 2022. "Evaluation of the Suitability of Smart Health Products for Aging Based on the IIVAHP-CRITIC Model: A Case Study of Smart Health Kiosk," Sustainability, MDPI, vol. 14(15), pages 1-16, July.
    16. Jiachen Sun & Haiyan Wang & Zhimin Cui, 2023. "Alleviating the Bauxite Maritime Supply Chain Risks through Resilient Strategies: QFD-MCDM with Intuitionistic Fuzzy Decision Approach," Sustainability, MDPI, vol. 15(10), pages 1-21, May.
    17. Halil Kete & Fatih Karasaç, 2022. "Evaluation of the Economic Performances of the European Union Countries and Turkey in the Covid-19 Process with the COPRAS Method," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 9(2), pages 373-395, July.
    18. Tabasam Rashid & Asif Ali & Yu-Ming Chu, 2021. "Hybrid BW-EDAS MCDM methodology for optimal industrial robot selection," PLOS ONE, Public Library of Science, vol. 16(2), pages 1-18, February.
    19. Getasew Taddese & Severine Durieux & Emmanuel Duc, 2021. "Sustainability Performance Evaluation of Faceshield Bracket Manufacturing by Using the Analytic Hierarchy Process," Sustainability, MDPI, vol. 13(24), pages 1-22, December.
    20. Cinelli, Marco & Kadziński, Miłosz & Miebs, Grzegorz & Gonzalez, Michael & Słowiński, Roman, 2022. "Recommending multiple criteria decision analysis methods with a new taxonomy-based decision support system," European Journal of Operational Research, Elsevier, vol. 302(2), pages 633-651.

    More about this item

    Keywords

    N-11 countries; Multi-criteria decision-making methods; Supply chain resilienceJournal: Yildiz Social Science Review;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F30 - International Economics - - International Finance - - - General
    • G00 - Financial Economics - - General - - - General
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aye:journl:v:9:y:2023:i:1:p:1-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Murat DONDURAN (email available below). General contact details of provider: https://edirc.repec.org/data/ibytutr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.