A MCDM approach for sourcing strategy mix decision in IT projects

Tsai, Wen Hsien; Leu, Jun-Der; Liu, Jau-Yang; Lin, Sin-Jin; Shaw, Michael J.

doi:10.1016/j.eswa.2009.11.031

Cited by 69 publications

(21 citation statements)

References 62 publications

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“…This also helps managers to derive local and global weights for each criterion to find the optimal portfolio. The best three criteria are: "Genomics, improved diagnostics and biosystematics" (D 11 ), "Use of agrochemicals" (D 13 ), and "Space technology for mapping and monitoring pest population and development of weather based forewarning in GIS environment" (D 34 ). Next, grey MABAC shows us how to aggregate DMs' judgments and evaluate and select a project portfolio in socially responsible National Agro Research Institutes.…”

Section: Conclusion Boundaries and Future Directionmentioning

confidence: 99%

A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

Debnath¹,

Roy

Kar

et al. 2017

Sustainability

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Due to the increasing size of the population, society faces several challenges for sustainable and adequate agricultural production, quality, distribution, and food safety in the strategic project portfolio selection (SPPS). The initial adaptation of strategic portfolio management of genetically modified (GM) Agro by-products (Ab-Ps) is a huge challenge in terms of processing the agro food product supply-chain practices in an environmentally nonthreatening way. As a solution to the challenges, the socio-economic characteristics for SPPS of GM food purchasing scenarios are studied. Evaluation and selection of the GM agro portfolio management are the dynamic issues due to physical and immaterial criteria involving a hybrid multiple criteria decision making (MCDM) approach, combining modified grey Decision-Making Trial and Evaluation Laboratory (DEMATEL), Multi-Attributive Border Approximation area Comparison (MABAC) and sensitivity analysis. Evaluation criteria are grouped into social, differential and beneficial clusters, and the modified DEMATEL procedure is used to derive the criteria weights. The MABAC method is applied to rank the strategic project portfolios according to the aggregated preferences of decision makers (DMs). The usefulness of the proposed research framework is validated with a case study. The GM by-products are found to be the best portfolio. Moreover, this framework can unify the policies of agro technological improvement, corporate social responsibility (CSR) and agro export promotion.

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Section: Conclusion Boundaries and Future Directionmentioning

confidence: 99%

A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

Debnath¹,

Roy

Kar

et al. 2017

Sustainability

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“…In order to estimate the relative influence in these structures from which the overall answer is derived, both judgment and logic are used. In recent years, many scholars have explained the ANP methodology and have applied ANP to multifarious decision making problems (e.g., Bayazit 2006;Bu-Qammaz et al 2009;Chang et al 2009;De Ambroggi and Trucco 2011;Ho et al 2011;Hung 2011;Karpak and Topcu 2010;Lin and Hsu 2011;Liou and Chuang 2010;Liu et al 2011;Ming-Lang et al 2009;Onut et al 2008;Pourebrahim et al 2010;Tsai et al 2010).…”

Section: The Anp Methodsmentioning

confidence: 99%

“…The method can divide multiple criteria into a cause-and-effect group and an intelligible structural model, to better understand causal relationships to plot a NRM (Ho et al 2011;Hung 2011;Liou and Chuang 2010;Tsai et al 2010;Yang and Tzeng 2010). The method can be divided into four steps as follows:…”

Section: The Dematel Methodsmentioning

confidence: 99%

Crude oil supply chain risk management with DEMATEL–ANP

2015

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Crude oil supply chain is extremely complex and vulnerable to various risks. Clear understanding of these risks can help supply chain managers to make effective decisions. This paper identifies main risks related to crude oil supply chain and implements decision making trial and evaluation laboratory (DEMATEL) method to determine the interdependency between risks and then applies analytic network process (ANP) method to evaluate the importance of each risk and to determine the best response strategy. The results show that the most important risk area is the regulatory and environmental risks and that the transference and cooperation policy is rated as the best response strategy. Contributions of this paper are fourfold: (1) it provides a comprehensive framework of risks that need to be considered in crude oil supply chain risk management (SCRM) context; (2) it shows how DEMATEL can be applied to analyze the interdependency between risks; (3) it illustrates how various risks and risk management strategies can been assessed through the ANP approach to aid managers in their decision making processes; and (4) most important contribution is customization of crude oil SCRM in Iran.

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“…In terms of advantages, it allows for dependence and includes independence and has the ability to prioritize groups or clusters of elements. Besides, it can support complex, networked decision-making with various intangible criteria [69]. ANP is often utilized in project selection, product planning, green supply chain management, and optimal scheduling problems and also transportation.…”

Section: Analytic Network Process (Anp)mentioning

confidence: 99%

An Application of Multicriteria Decision-making for the Evaluation of Alternative Monorail Routes

Hamurcu

Eren

2018

Mathematics

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Urban transportation planning is important for a metropolitan city. Route selection, which is among the decisions of urban transportation planning, is also important in terms of developing the urban transportation. This study contains the route selection for the planned monorail transport system that is a new system in Ankara. The most suitable monorail route was selected among the determined eight alternative monorail routes. In this decision process, we used the Analytic Network Process (ANP) and Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) method, which is one of the multi-criteria decision-making methods. Finally, we provided the most suitable ranking and planning with the selection process for the development of urban transportation.

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A MCDM approach for sourcing strategy mix decision in IT projects

Cited by 69 publications

References 62 publications

A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

A Hybrid MCDM Approach for Strategic Project Portfolio Selection of Agro By-Products

Crude oil supply chain risk management with DEMATEL–ANP

An Application of Multicriteria Decision-making for the Evaluation of Alternative Monorail Routes

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