IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v10y2022i19p3505-d925427.html
   My bibliography  Save this article

A Hybrid Model Based on SEM and Fuzzy TOPSIS for Supplier Selection

Author

Listed:
  • Hongyi Sun

    (Department of Advanced Design and Systems Engineering, City University of Hong Kong, Hong Kong 999017, China)

  • Bingqian Zhang

    (Department of Advanced Design and Systems Engineering, City University of Hong Kong, Hong Kong 999017, China)

  • Wenbin Ni

    (School of Business Administration, Zhejiang University of Finance & Economics, Hangzhou 310018, China)

Abstract

How to select the right suppliers has become a crucial strategic decision for manufacturing companies facing various performance measures. This study proposed a hybrid selection model integrating factor analysis, structural equation modeling (SEM), and the fuzzy Technique for Order Performance by Similarity to Ideal Solution to (TOPSIS) design a supplier selection model. The study distilled 70 original selection criteria from the relevant literature and identified eight main influencing factors based on factor analysis. The relevance of factors was evaluated by SEM and the performance of suppliers assessed by fuzzy TOPSIS. The model was applied in a manufacturing company in China to verify its practical significance. By combining different methods, the model can select relevant and important supplier selection criteria and include unquantifiable, incomplete, and vague information in the decision model. The hybrid model merges the advantages of each method and takes into account of uncertainty associated with supplier selection process.

Suggested Citation

  • Hongyi Sun & Bingqian Zhang & Wenbin Ni, 2022. "A Hybrid Model Based on SEM and Fuzzy TOPSIS for Supplier Selection," Mathematics, MDPI, vol. 10(19), pages 1-19, September.
    • Handle: RePEc:gam:jmathe:v:10:y:2022:i:19:p:3505-:d:925427
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/10/19/3505/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7390/10/19/3505/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. R. E. Bellman & L. A. Zadeh, 1970. "Decision-Making in a Fuzzy Environment," Management Science, INFORMS, vol. 17(4), pages 141-164, December.
    2. M M Akarte & N V Surendra & B Ravi & N Rangaraj, 2001. "Web based casting supplier evaluation using analytical hierarchy process," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 52(5), pages 511-522, May.
    3. M.M. Ravikumar & K. Marimuthu & P. Parthiban & H. Abdul Zubar, 2016. "Evaluating lean execution performance in Indian MSMEs using SEM and TOPSIS models," International Journal of Operational Research, Inderscience Enterprises Ltd, vol. 26(1), pages 104-125.
    4. Jie G. McCardle & Mary Beth Rousseau & Dennis Krumwiede, 2019. "The effects of strategic alignment and competitive priorities on operational performance: The role of cultural context," Operations Management Research, Springer, vol. 12(1), pages 4-18, June.
    5. 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.
    6. Dash, Ganesh & Paul, Justin, 2021. "CB-SEM vs PLS-SEM methods for research in social sciences and technology forecasting," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    7. Şengül, Ümran & Eren, Miraç & Eslamian Shiraz, Seyedhadi & Gezder, Volkan & Şengül, Ahmet Bilal, 2015. "Fuzzy TOPSIS method for ranking renewable energy supply systems in Turkey," Renewable Energy, Elsevier, vol. 75(C), pages 617-625.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Zhou, Fang & Chen, Ting-Yu, 2023. "A hybrid group decision-making approach involving Pythagorean fuzzy uncertainty for green supplier selection," International Journal of Production Economics, Elsevier, vol. 261(C).

    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. Aikaterini Papapostolou & Charikleia Karakosta & Kalliopi-Anastasia Kourti & Haris Doukas & John Psarras, 2019. "Supporting Europe’s Energy Policy Towards a Decarbonised Energy System: A Comparative Assessment," Sustainability, MDPI, vol. 11(15), pages 1-26, July.
    2. Gezen, Mesliha & Karaaslan, Abdulkerim, 2022. "Energy planning based on Vision-2023 of Turkey with a goal programming under fuzzy multi-objectives," Energy, Elsevier, vol. 261(PA).
    3. Abbas Mardani & Ahmad Jusoh & Edmundas Kazimieras Zavadskas & Fausto Cavallaro & Zainab Khalifah, 2015. "Sustainable and Renewable Energy: An Overview of the Application of Multiple Criteria Decision Making Techniques and Approaches," Sustainability, MDPI, vol. 7(10), pages 1-38, October.
    4. Sitorus, Fernando & Brito-Parada, Pablo R., 2020. "A multiple criteria decision making method to weight the sustainability criteria of renewable energy technologies under uncertainty," Renewable and Sustainable Energy Reviews, Elsevier, vol. 127(C).
    5. Aikaterini Papapostolou & Charikleia Karakosta & Georgios Apostolidis & Haris Doukas, 2020. "An AHP-SWOT-Fuzzy TOPSIS Approach for Achieving a Cross-Border RES Cooperation," Sustainability, MDPI, vol. 12(7), pages 1-28, April.
    6. Vuciterna, Rina & Thomsen, Michael & Popp, Jennie & Musliu, Arben, 2017. "Efficiency and Competitiveness of Kosovo Raspberry Producers," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 252770, Southern Agricultural Economics Association.
    7. Kusa, Rafał & Suder, Marcin & Duda, Joanna, 2023. "Impact of greening on performance in the hospitality industry: Moderating effect of flexibility and inter-organizational cooperation," Technological Forecasting and Social Change, Elsevier, vol. 190(C).
    8. Gourav Gupta & Shivani & Deepika Rani, 2024. "Neutrosophic goal programming approach for multi-objective fixed-charge transportation problem with neutrosophic parameters," OPSEARCH, Springer;Operational Research Society of India, vol. 61(3), pages 1274-1300, September.
    9. Berna Tektas Sivrikaya & Ferhan Cebi & Hasan Hüseyin Turan & Nihat Kasap & Dursun Delen, 2017. "A fuzzy long-term investment planning model for a GenCo in a hybrid electricity market considering climate change impacts," Information Systems Frontiers, Springer, vol. 19(5), pages 975-991, October.
    10. Pishchulov, Grigory & Trautrims, Alexander & Chesney, Thomas & Gold, Stefan & Schwab, Leila, 2019. "The Voting Analytic Hierarchy Process revisited: A revised method with application to sustainable supplier selection," International Journal of Production Economics, Elsevier, vol. 211(C), pages 166-179.
    11. Collan, Mikael, 2008. "New Method for Real Option Valuation Using Fuzzy Numbers," Working Papers 466, IAMSR, Åbo Akademi.
    12. Ventura, José A. & Bunn, Kevin A. & Venegas, Bárbara B. & Duan, Lisha, 2021. "A coordination mechanism for supplier selection and order quantity allocation with price-sensitive demand and finite production rates," International Journal of Production Economics, Elsevier, vol. 233(C).
    13. Morais, Ana Catarina & Ishida, Akira & Matsuda, Ruriko, 2024. "Ethical food consumption drivers in Japan. A S–O-R framework application using PLS-SEM with a MGA assessment based on clustering," Journal of Retailing and Consumer Services, Elsevier, vol. 76(C).
    14. Kim, Jong Soon & Whang, Kyu-Seung, 1998. "A tolerance approach to the fuzzy goal programming problems with unbalanced triangular membership function," European Journal of Operational Research, Elsevier, vol. 107(3), pages 614-624, June.
    15. Kautish, Pradeep & Paço, Arminda & Thaichon, Park, 2022. "Sustainable consumption and plastic packaging: Relationships among product involvement, perceived marketplace influence and choice behavior," Journal of Retailing and Consumer Services, Elsevier, vol. 67(C).
    16. Berna Tektaş & Hasan Hüseyin Turan & Nihat Kasap & Ferhan Çebi & Dursun Delen, 2022. "A Fuzzy Prescriptive Analytics Approach to Power Generation Capacity Planning," Energies, MDPI, vol. 15(9), pages 1-26, April.
    17. Chen, Lisa Y. & Wang, Tien-Chin, 2009. "Optimizing partners' choice in IS/IT outsourcing projects: The strategic decision of fuzzy VIKOR," International Journal of Production Economics, Elsevier, vol. 120(1), pages 233-242, July.
    18. Víctor G. Alfaro-García & Anna M. Gil-Lafuente & Gerardo G. Alfaro Calderón, 2017. "A fuzzy approach to a municipality grouping model towards creation of synergies," Computational and Mathematical Organization Theory, Springer, vol. 23(3), pages 391-408, September.
    19. Aghayi, Nazila & Maleki, Bentolhoda, 2016. "Efficiency measurement of DMUs with undesirable outputs under uncertainty based on the directional distance function: Application on bank industry," Energy, Elsevier, vol. 112(C), pages 376-387.
    20. Wenyao Niu & Yuan Rong & Liying Yu & Lu Huang, 2022. "A Novel Hybrid Group Decision Making Approach Based on EDAS and Regret Theory under a Fermatean Cubic Fuzzy Environment," Mathematics, MDPI, vol. 10(17), pages 1-30, August.

    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:gam:jmathe:v:10:y:2022:i:19:p:3505-:d:925427. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.