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

Zafer Duran
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Zafer Duran: Department of Management and Organization, School of Gazipaşa Mustafa Rahmi Büyükballı Vocational, Alanya Alaaddin Keykubat University, Antalya, Türkiye

Yildiz Social Science Review, 2023, vol. 9, issue 1, 1-15

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.

Keywords: N-11 countries; Multi-criteria decision-making methods; Supply chain resilienceJournal: Yildiz Social Science Review (search for similar items in EconPapers)
JEL-codes: F00 F30 G00 G10 K00 K20 M00 M20 O10 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aye:journl:v:9:y:2023:i:1:p:1-15

DOI: 10.51803/yssr.1246243

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