Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry

A supply chain is an entire system of producing and delivering a product or service, from the very beginning stage of sourcing raw material to the final stage of delivering a product or service to end-users. Several global risks and disruptions brought massive and devastating impacts on the world ec...

Full description

Saved in:
Bibliographic Details
Main Author: Leong, Wan Yee
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:http://eprints.utm.my/id/eprint/101457/1/LeongWanYeeMSKM2022.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-utm-ep.101457
record_format uketd_dc
spelling my-utm-ep.1014572023-06-21T09:41:14Z Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry 2022 Leong, Wan Yee TJ Mechanical engineering and machinery A supply chain is an entire system of producing and delivering a product or service, from the very beginning stage of sourcing raw material to the final stage of delivering a product or service to end-users. Several global risks and disruptions brought massive and devastating impacts on the world economy including the Small and Medium Enterprises (SMEs). Since the supplier is one of the important elements in a supply chain, economic resilience can be implemented by selecting a resilient supplier. However, the literature shows that previous supplier selections only focused on traditional, green and sustainable suppliers’ criteria but resilience was rare to be discussed. Thus, the first objective of the study is to identify the generic criteria for selecting resilient suppliers. At the same time, there are problems in dealing with uncertainties and incomplete information while selecting suppliers. The second objective is to develop a new integrated Multi-Criteria Decision-Making (MCDM) model that considers incomplete data and uncertainties in selecting resilient suppliers. In this study, the proposed criteria were quality, lead time, cost, flexibility, visibility, responsiveness and financial stability. A serial-integrated MCDM technique was proposed by combining Grey Relational Analysis (GRA) from the grey theory and the Best Worst Method-Technique for Order Preference by Similarity to an Ideal Solution (BMW-TOPSIS) technique in serial to assess the suppliers and select the best alternative. The proposed criteria and technique were applied in the metal manufacturing company (Case 1) and the food manufacturing company (Case 2) which were facing economic problems to demonstrate its effectiveness. The result was generated using MATLAB. The result for Case 1 shows that Financial Stability has the largest weight and Supplier 1 is the best supplier for the company. For Case 2, Cost shows the largest weight, and the best supplier is Supplier 4. Then, the result was verified through manual calculation and validated with Analytic Hierarchy Process-VlseKriterijumska Optimizacija I Kompromisno Resenje (AHP-VIKOR). Through the identification of the generic resilience criteria and the suitable MCDM model, the managers can focus on resilience with the consideration of uncertainties and incomplete information to improve the supplier selection process. This can help to raise the supply chain performance of the companies. 2022 Thesis http://eprints.utm.my/id/eprint/101457/ http://eprints.utm.my/id/eprint/101457/1/LeongWanYeeMSKM2022.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:151644 masters Universiti Teknologi Malaysia, Faculty of Engineering - School of Mechanical Engineering Faculty of Engineering - School of Mechanical Engineering
institution Universiti Teknologi Malaysia
collection UTM Institutional Repository
language English
topic TJ Mechanical engineering and machinery
spellingShingle TJ Mechanical engineering and machinery
Leong, Wan Yee
Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry
description A supply chain is an entire system of producing and delivering a product or service, from the very beginning stage of sourcing raw material to the final stage of delivering a product or service to end-users. Several global risks and disruptions brought massive and devastating impacts on the world economy including the Small and Medium Enterprises (SMEs). Since the supplier is one of the important elements in a supply chain, economic resilience can be implemented by selecting a resilient supplier. However, the literature shows that previous supplier selections only focused on traditional, green and sustainable suppliers’ criteria but resilience was rare to be discussed. Thus, the first objective of the study is to identify the generic criteria for selecting resilient suppliers. At the same time, there are problems in dealing with uncertainties and incomplete information while selecting suppliers. The second objective is to develop a new integrated Multi-Criteria Decision-Making (MCDM) model that considers incomplete data and uncertainties in selecting resilient suppliers. In this study, the proposed criteria were quality, lead time, cost, flexibility, visibility, responsiveness and financial stability. A serial-integrated MCDM technique was proposed by combining Grey Relational Analysis (GRA) from the grey theory and the Best Worst Method-Technique for Order Preference by Similarity to an Ideal Solution (BMW-TOPSIS) technique in serial to assess the suppliers and select the best alternative. The proposed criteria and technique were applied in the metal manufacturing company (Case 1) and the food manufacturing company (Case 2) which were facing economic problems to demonstrate its effectiveness. The result was generated using MATLAB. The result for Case 1 shows that Financial Stability has the largest weight and Supplier 1 is the best supplier for the company. For Case 2, Cost shows the largest weight, and the best supplier is Supplier 4. Then, the result was verified through manual calculation and validated with Analytic Hierarchy Process-VlseKriterijumska Optimizacija I Kompromisno Resenje (AHP-VIKOR). Through the identification of the generic resilience criteria and the suitable MCDM model, the managers can focus on resilience with the consideration of uncertainties and incomplete information to improve the supplier selection process. This can help to raise the supply chain performance of the companies.
format Thesis
qualification_level Master's degree
author Leong, Wan Yee
author_facet Leong, Wan Yee
author_sort Leong, Wan Yee
title Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry
title_short Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry
title_full Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry
title_fullStr Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry
title_full_unstemmed Serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry
title_sort serial-integrated multi-criteria decision-making technique for resilient supplier selection in the manufacturing industry
granting_institution Universiti Teknologi Malaysia, Faculty of Engineering - School of Mechanical Engineering
granting_department Faculty of Engineering - School of Mechanical Engineering
publishDate 2022
url http://eprints.utm.my/id/eprint/101457/1/LeongWanYeeMSKM2022.pdf
_version_ 1776100702670553088