Ranking and Challenges of Supply Chain Companies Using MCDM Methodology

Alaa Fouad Momena (), Kamal Hossain Gazi, Mostafijur Rahaman, Anna Sobczak, Soheil Salahshour, Sankar Prasad Mondal and Arijit Ghosh
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Alaa Fouad Momena: Department of Industrial Engineering, College of Engineering, Prince Sattam Bin Abdulaziz University, Al Kharj 11942, Saudi Arabia
Kamal Hossain Gazi: Department of Applied Mathematics, Maulana Abul Kalam Azad University of Technology, Haringhata 741249, West Bengal, India
Mostafijur Rahaman: Department of Mathematics, School of Liberal Arts & Sciences, Mohan Babu University, Tirupati 517102, Andhra Pradesh, India
Anna Sobczak: Faculty of Economics, The Jacob of Paradies University, 66-400 Gorzów Wielkopolski, Poland
Soheil Salahshour: Faculty of Engineering and Natural Sciences, Istanbul Okan University, Istanbul 34959, Turkey
Sankar Prasad Mondal: Department of Applied Mathematics, Maulana Abul Kalam Azad University of Technology, Haringhata 741249, West Bengal, India
Arijit Ghosh: Department of Mathematics, St. Xavier’s College (Autonomous), Kolkata 700016, West Bengal, India

Logistics, 2024, vol. 8, issue 3, 1-32

Abstract: Background : Supply chain companies have merits and demerits regarding operational and economic transactional policies. The effectiveness of supply chain companies corresponds to a cumulative score on a multi-criteria and perspectives-based evaluation. In this paper, we analyse the performances and challenges of several celebrated e-commerce companies to perceive their overall impression of supply chain management. Method : A mathematical model is framed as a multi-criteria decision-making (MCDM) problem with challenges as criteria and companies as alternatives. The criteria importance through inter-criteria correlation (CRITIC) method is used in this paper to adjust weights representing the available data. The ranking of e-commerce companies is evaluated using multi-objective optimization by ratio analysis plus the full multiplicative form (MULTIMOORA) method. Results : This model investigates the most dependent criteria and sub-criteria for the adaptation challenges of supply chain companies (SCCs). Furthermore, the SCCs are prioritized based on various conflicting criteria. Conclusion : Various challenges of SCCs, like logistics constraints, disruptions in supply chains, issues with technology, ethical sourcing and inconsistency between the products’ availability and the pace of consumption, are considered and analysed. We amassed the difficulties as criteria and sub-criteria in a numerical process using the MCDM approach. Additionally, the sensitivity and comparative of several optimal phenomena are analysed based on distinctive combinations of challenges in the ranking arena.

Keywords: supply chain management; supply chain companies; MCDM; CRITIC; MULTIMOORA (search for similar items in EconPapers)
JEL-codes: L8 L80 L81 L86 L87 L9 L90 L91 L92 L93 L98 L99 M1 M10 M11 M16 M19 R4 R40 R41 R49 (search for similar items in EconPapers)
Date: 2024
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