A Novel Multi-Criteria Assessment Approach for Post-COVID-19 Production Strategies in Vietnam Manufacturing Industry: OPA–Fuzzy EDAS Model

Minh-Tai Le and Nhat-Luong Nhieu
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Minh-Tai Le: Department of Industrial Systems Engineering, Faculty of Mechanical Engineering, Ho Chi Minh City University of Technology and Education, Ho Chi Minh City 71307, Vietnam
Nhat-Luong Nhieu: Department of Industrial Engineering and Management, National Kaohsiung University of Science and Technology, Kaohsiung 807778, Taiwan

Sustainability, 2022, vol. 14, issue 8, 1-25

Abstract: The global manufacturing supply chain has been disrupted by the negative impacts of the pandemic. In Southeast Asia, Vietnam’s manufacturing industry is one of the most strongly integrated with global and regional supply chains. The production strategies in the “new normal” are the key solution to the survival and sustainable development of manufacturers. This study aims to develop a two-stage framework to investigate the impacts of COVID-19 and the post-COVID-19 production strategies for Vietnam’s manufacturing industry. As a theoretical contribution, this study proposes a novel and robust integration approach, which combines the Ordinal Priority Approach (OPA) and Fuzzy Evaluation Based on Distance from Average Solution (Fuzzy EDAS), for the first time. The negative impacts of the pandemic were identified and weighted by the OPA method. Then, production strategies were comprehensively evaluated using the Fuzzy EDAS method. Findings indicate that digitization and on-site renewable energy are the most essential recovery strategies for manufacturing in Vietnam. These findings are validated by comparisons with the results of recent multiple criteria decision-making (MCDM) methods. Furthermore, weight sensitivity analysis reveals different suitability of strategies for short-term and long-term negative impacts. As a managerial implication, the multi-scenario ranking results help managers to make resource-allocation decisions for the implementation of post-COVID-19 production strategies.

Keywords: Multiple Criteria Decision Making; COVID-19; strategy analysis; manufacturing; Ordinal Priority Approach; fuzzy sets (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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