An analysis of third party logistic selection criteria in oil and gas sector: an integrated SWOT-AHP approach

Sharfuddin Ahmed Khan, Radi Mohd. Radi, Syed Mubashir Ali, Esam H. Zahran, Amro Hayder Al Sahtout and Saad Aldin Esam

International Journal of Logistics Systems and Management, 2022, vol. 43, issue 1, 20-47

Abstract: Outsourcing logistics activities has become an essential topic and is considered by several academicians and practitioners in literature. In this paper, we have considered a problem that an oil and gas company in the Middle East is facing in their logistics selection criteria for outsourcing. Our proposed research methodology adopted both qualitative and quantitative approach. A well-structured integrated method based on strengths, weaknesses, opportunities and threats (SWOT) and analytical hierarchy process (AHP) have been used to identify relevant criteria of third-party logistics service provider (3PLSP) and subsequently rank them. Proposed research methodology has been implemented in an oil and gas company as a case study. Results show that the highest ranked criteria under strength, weakness, opportunity, and threats of considered case company are operational accuracy (20.4%), operational speed (51.6%), transportation costs (12.4%), and insurance costs (15.6%) respectively. This study has several managerial and practical implications which are discussed at the end.

Keywords: outsourcing; third party logistics selection criteria; SWOT analysis; AHP; oil and gas sector. (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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