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Multi-perspective strategic supplier selection in uncertain environments

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  • Chai, Junyi
  • Ngai, Eric W.T.

Abstract

In this study, we examine the issue of strategic supplier selection in uncertain decision environments. In contrast to conventional supplier selection, strategic supplier selection comprehensively considers various influencing factors, such as supplier quality and offered price, as well as company strategies, uncertain environments, and human factors. Using a detailed literature review, we investigate the employment of human preference in supplier selection, including preference representation, modeling, and computation. To achieve successful strategic supplier selection, we propose a soft decision model involving multiple stakeholders and multiple perspectives. Founded on interval and hesitant fuzzy methodology, this novel model shows significant capabilities in handling ambiguous judgments of stakeholders and unbiased value preservation of conflicting opinions. The settings of this model guarantee that the selection process strictly conforms to the diverse strategies of the company and is applicable for a flexible number of stakeholders. We also provide numerical illustrations via a case study. To the best of our knowledge, this study is the first to perform theoretical decision modeling using interval and hesitant fuzzy methodology for strategic supplier selection. In addition, the proposed research framework and systematic investigations on preference elicitation theoretically facilitate knowledge accumulation and necessarily supplement previous studies on strategic supplier selection by providing research trends.

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  • Chai, Junyi & Ngai, Eric W.T., 2015. "Multi-perspective strategic supplier selection in uncertain environments," International Journal of Production Economics, Elsevier, vol. 166(C), pages 215-225.
  • Handle: RePEc:eee:proeco:v:166:y:2015:i:c:p:215-225
    DOI: 10.1016/j.ijpe.2014.09.035
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    4. Wetzstein, Anton & Hartmann, Evi & Benton jr., W.C. & Hohenstein, Nils-Ole, 2016. "A systematic assessment of supplier selection literature – State-of-the-art and future scope," International Journal of Production Economics, Elsevier, vol. 182(C), pages 304-323.
    5. Wang, Gang & Gunasekaran, Angappa & Ngai, Eric W.T. & Papadopoulos, Thanos, 2016. "Big data analytics in logistics and supply chain management: Certain investigations for research and applications," International Journal of Production Economics, Elsevier, vol. 176(C), pages 98-110.
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    8. Chung, Hwan & Lee, Eunkyu, 2017. "Asymmetric relationships with symmetric suppliers: Strategic choice of supply chain price leadership in a competitive market," European Journal of Operational Research, Elsevier, vol. 259(2), pages 564-575.
    9. Jain, Tarun & Hazra, Jishnu & Cheng, T.C.E., 2018. "Sourcing under overconfident buyer and suppliers," International Journal of Production Economics, Elsevier, vol. 206(C), pages 93-109.
    10. R. Krishankumar & K. S. Ravichandran & M. Ifjaz Ahmed & Samarjit Kar & Xindong Peng, 2019. "Interval-Valued Probabilistic Hesitant Fuzzy Set Based Muirhead Mean for Multi-Attribute Group Decision-Making," Mathematics, MDPI, vol. 7(4), pages 1-16, April.
    11. Barbosa-Póvoa, Ana Paula & da Silva, Cátia & Carvalho, Ana, 2018. "Opportunities and challenges in sustainable supply chain: An operations research perspective," European Journal of Operational Research, Elsevier, vol. 268(2), pages 399-431.
    12. Bhattacharya, Ananya & Singh, Prakash J. & Nand, Alka Ashwini, 2015. "Antecedents of buyer opportunistic behavior in outsourcing relationships," International Journal of Production Economics, Elsevier, vol. 166(C), pages 258-268.
    13. Hosseini, Seyedmohsen & Barker, Kash, 2016. "A Bayesian network model for resilience-based supplier selection," International Journal of Production Economics, Elsevier, vol. 180(C), pages 68-87.
    14. Kozarević, Safet & Puška, Adis, 2018. "Use of fuzzy logic for measuring practices and performances of supply chain," Operations Research Perspectives, Elsevier, vol. 5(C), pages 150-160.
    15. Jérémie Katembo Kavota & Luc Cassivi & Pierre-Majorique Léger, 2024. "A Systematic Review of Strategic Supply Chain Challenges and Teaching Strategies," Logistics, MDPI, vol. 8(1), pages 1-21, February.
    16. Thalles Vitelli Garcez & Helder Tenório Cavalcanti & Adiel Teixeira de Almeida, 2021. "A hybrid decision support model using Grey Relational Analysis and the Additive-Veto Model for solving multicriteria decision-making problems: an approach to supplier selection," Annals of Operations Research, Springer, vol. 304(1), pages 199-231, September.
    17. Hao, Jun & Li, Jianping & Wu, Dengsheng & Sun, Xiaolei, 2020. "Portfolio optimisation of material purchase considering supply risk – A multi-objective programming model," International Journal of Production Economics, Elsevier, vol. 230(C).
    18. Aldrighetti, Riccardo & Battini, Daria & Ivanov, Dmitry & Zennaro, Ilenia, 2021. "Costs of resilience and disruptions in supply chain network design models: A review and future research directions," International Journal of Production Economics, Elsevier, vol. 235(C).
    19. Irina Makarova & Rifat Khabibullin & Eduard Belyaev & Larisa Gabsalikhova & Eduard Mukhametdinov, 2016. "Improving the Logistical Processes in Corporate Service System," Transport Problems, Silesian University of Technology, Faculty of Transport, vol. 11(1), pages 5-18, March.

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