With the recent emphasis on supply risk management in sustainable supply chains (SSCs), the evaluation and selection of appropriate suppliers are more important than ever. However, most existing research does not take all three sustainability perspectives of supply risk into account simultaneously and they rarely consider the correlation among supply risk factors in risk assessment. Therefore, considering the uncertain information decision-making environment, this research paper proposes a risk-based integrated group decision-making model for sustainable supplier selection (SSS). First, the weights of decision-makers (DMs) are taken as linguistic terms denoted by intuitionistic fuzzy numbers (IFNs). Second, after obtaining the aggregated intuitionistic fuzzy decision-making matrix considering the expert weights, this study uses the entropy weight method to calculate the criteria weights objectively. Then, the improved failure mode and effects analysis (FMEA) is adopted for the risk assessment to exclude high-risk suppliers. Finally, the extended alternative queuing method (AQM) is applied to rank the qualified suppliers in SSCs. This model can not only enable enterprises to reduce supply risk in SSS practices and identify and prevent the failure modes that lead to supply risk, but also reduce the uncertainty of decision-making, in order to make supplier selection more accurate. The feasibility and effectiveness of the proposed model are illustrated through application in a leading Chinese electrical appliance manufacturing company.
With the recent focus on supply risk management in sustainable supply chains, it is more important than ever to evaluate and select the right sustainable suppliers from a supply risk perspective. However, few existing studies consider supply risks from the perspective of all three triple-bottom-line dimensions at the same time. To bridge this research gap, this research constructs a supply risk perspective integrated sustainable supplier selection model in the intuitionistic fuzzy environment. First of all, the weights of decision-makers in the decision-making group are obtained by intuitionistic fuzzy set. Secondly, after obtaining the aggregated intuitionistic fuzzy decision matrix considering the weight of decision-makers, the fuzzy entropy weight method is used to calculate criteria weight, objectively. Then, an improved failure mode and effects analysis is used to undertake risk assessments and to identify high-risk suppliers. Last but not least, the extended alternative queuing method is adopted to rank the eligible sustainable suppliers in the intuitionistic fuzzy environment. The proposed model not only reduces the uncertainty of decision-making in sustainable supplier selection, but also enables focal companies to reduce supply risk in their sustainable supplier selection practices and prevent the failure modes that relate to supply risk. The practicality and effectiveness of the proposed model are verified through an empirical illustration in a leading electrical appliance manufacturer in China.
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