TY - CHAP
T1 - Enhancing supplier selection reliability
T2 - integrated variable returns to scale-robust parameter R approach
AU - Adesina, Kehinde Adewale
AU - Yazdi, Mohammad
PY - 2024
Y1 - 2024
N2 - Effective decision-making requires a suitable supplier selection model that can consistently identify and recruit suppliers, especially in complex scenarios involving multiple variables. Recently, integrated-data envelopment analysis techniques, such as fuzzy-based methods, cross-efficiency, and cooperative games have demonstrated promising outcomes. However, these approaches have yet to address the challenge of accounting for variations caused by undetectable supplier indicators. To overcome this limitation, this study examines the relationships between input selection criteria and supplier indicators in a way that minimizes the impact of variations stemming from undetectable indicators on supplier performance responses. To achieve this, we propose an integrated and refined model that combines revamped variable returns to scale (VRS) with robust parameter estimation and multivariate multiple-dependent regressions. By incorporating the VRS methodology, our model ensures that the selection procesation technique also helps mitigate the influence of outliers and extreme observations, enhancing the model's reliability and robustns accounts for variations in scale efficiency across suppliers, enabling a fair and accurate comparison. The robust parameter estimess. Furthermore, the multivariate multiple-dependent regressions approach allows for considering multiple dependent variables simultaneously, enabling a comprehensive evaluation of supplier performance. This approach considers the interrelationships between performance indicators and ensures a more holistic assessment of supplier capabilities. In conclusion, our integrated refined model offers a comprehensive and effective solution for supplier selection in complex cases.
AB - Effective decision-making requires a suitable supplier selection model that can consistently identify and recruit suppliers, especially in complex scenarios involving multiple variables. Recently, integrated-data envelopment analysis techniques, such as fuzzy-based methods, cross-efficiency, and cooperative games have demonstrated promising outcomes. However, these approaches have yet to address the challenge of accounting for variations caused by undetectable supplier indicators. To overcome this limitation, this study examines the relationships between input selection criteria and supplier indicators in a way that minimizes the impact of variations stemming from undetectable indicators on supplier performance responses. To achieve this, we propose an integrated and refined model that combines revamped variable returns to scale (VRS) with robust parameter estimation and multivariate multiple-dependent regressions. By incorporating the VRS methodology, our model ensures that the selection procesation technique also helps mitigate the influence of outliers and extreme observations, enhancing the model's reliability and robustns accounts for variations in scale efficiency across suppliers, enabling a fair and accurate comparison. The robust parameter estimess. Furthermore, the multivariate multiple-dependent regressions approach allows for considering multiple dependent variables simultaneously, enabling a comprehensive evaluation of supplier performance. This approach considers the interrelationships between performance indicators and ensures a more holistic assessment of supplier capabilities. In conclusion, our integrated refined model offers a comprehensive and effective solution for supplier selection in complex cases.
KW - Multivariate multiple regression
KW - Parameter optimization
KW - Supplier selection multi-response problem
KW - Data envelopment partitioning
U2 - 10.1007/978-3-031-51719-8_10
DO - 10.1007/978-3-031-51719-8_10
M3 - Chapter
SN - 9783031517181
SN - 9783031517211
T3 - Studies in Systems, Decision and Control
SP - 147
EP - 165
BT - Progressive decision-making tools and applications in project and operation management
A2 - Yazdi, Mohammad
PB - Springer, Springer Nature
CY - Cham
ER -