A Novel Hybrid Approach for Evaluation of Resilient 4PL Provider for E-Commerce

Pajić, Vukašin; Kilibarda, Milorad; Andrejić, Milan

doi:10.3390/math11030511

Cited by 11 publications

(7 citation statements)

References 65 publications

(83 reference statements)

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“…Comparison of storage technologies is a step with the goal of obtaining a ranking of the selected technologies, which are the subject of evaluation and ranking. For the purposes of this paper, the WASPAS method was applied and consists of the following steps [41,42]:…”

Section: Storage Technology Selection Using the Waspas Methodsmentioning

confidence: 99%

A Novel Two-Stage Methodological Approach for Storage Technology Selection: An Engineering–FAHP–WASPAS Approach

Pavlov,

Đurdjević,

Andrejić

2023

Sustainability

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Storage technology selection is a very important design decision that greatly affects the future performance of a warehouse; for example, it greatly affects its costs. In making this decision, the designer is faced with a complex issue. It is necessary to select the appropriate option from a wider set of available technologies, taking into account numerous influencing factors. In design practice, solving this problem is primarily based on the experience of designers and the recommendations of manufacturers of these technologies. In the academic literature, this problem has not been properly posed and solved, so there are no papers that comprehensively address this complex design problem. The main goal of this paper is to fill that gap. The presented approach consists of two basic stages. In the first stage, starting from the definition of the project task, potential technologies are generated and critical factors are considered, in order to arrive at a set of acceptable technologies. In the second stage, these technologies are ranked, and a basis for decision making is created. This stage is based on multi-criteria decision making: the Fuzzy Analytic Hierarchy Process (FAHP) method is used to determine the weights of the criteria, and the Weighted Aggregated Sum Product Assessment (WASPAS) method is used to obtain the rankings. The application of the defined approach is tested on real assignments (distribution warehouse, production warehouse, and holding warehouse) and is proven to be applicable to solving these types of problems. The results obtained for the three tested examples prove the suitability of the application of the proposed approach in terms of the aspects of both the quality of the solution and the speed of obtaining it. Considering the practical application of the suggested and filling the recognized literature gap, evident contributions are achieved.

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Section: Storage Technology Selection Using the Waspas Methodsmentioning

confidence: 99%

A Novel Two-Stage Methodological Approach for Storage Technology Selection: An Engineering–FAHP–WASPAS Approach

Pavlov,

Đurdjević,

Andrejić

2023

Sustainability

Self Cite

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“…Table 1 provides an overview of MCDM methods used in previous studies related to the development of the e-commerce industry. Many authors have used MCDM and related techniques to address e-commerce challenges, using methods such as the best holistically adaptable attribute ranking technique (BHARAT) [12][13][14]; combined compromise solution (COCOSO) [14]; Vlse Kriterijumska Optimizacija Kompromisno Resenje (VIKOR) [15,16]; weighted aggregated sum product assessment (WASPAS) [17,18]; evaluation based on distance from average solution (EDAS) [14,19]; analytic hierarchy process (AHP) [20,21]; technique for order preference by similarity to an ideal solution (FTOPSIS) [18,[20][21][22][23][24]; and other MCDM [13,14,18,21,23,24]. Researchers have developed and applied a combination of different MCDM methods.…”

Section: Literature Reviewmentioning

confidence: 99%

Sustainable Evaluation of E-Commerce Companies in Vietnam: A Multi-Criteria Decision-Making Framework Based on MCDM

2024

Mathematics

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This study aims to effectively support decision-makers in evaluating leading e-commerce companies in Vietnam from a sustainability perspective. In addition, this study evaluates and analyzes criteria that affect the performance of e-commerce companies in Vietnam to find the best practices for e-commerce implementation of managers. In this way, companies can save costs and increase marketing and promotion efficiency, helping to reach more customers. In doing so, an integrated framework based on MCDM is proposed for the first time in e-commerce industry assessment. In the first stage, the fuzzy decision making trial and evaluation Laboratory method is applied to determine the weights of 9 criteria based on collected data. This study lists prominent quantitative evaluation criteria, taking into account the sustainability aspect. In the second phase, ranking the top 12 e-commerce companies in Vietnam according to their performance based on these nine criteria was done by applying the neutrosophic fuzzy axiomatic design method. According to an analysis of the data, the external financial assistance coefficient (12.7%) is the most crucial factor determining how competitive international e-commerce businesses are. The results of this study can help underperforming companies make strategic decisions to improve their performance. Integrating these two techniques provides a new method for evaluating global trading companies that have hitherto remained unaddressed in the trading industry and, therefore, leave a gap that needs to be investigated.

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“…Kilibarda et al (2016) implemented the SERVQUAL model for measuring the quality of logistics services in freight forwarding companies in Serbia. Pajić et al (2023) proposed a novel approach for the evaluation of a resilient 4PL (fourth-party logistics) provider for product delivery in e-commerce. The approach is based on fuzzy Full Consistency Method (FUCOM), Evidence Theory (ET), Rule-Based Transformation (RBT), and Weighted Aggregated Sum Product Assessment (WASPAS) methods.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Logistics outsourcing is highly attractive for companies aiming to allocate more time and resources to their core activities (Pajić et al, 2023). Outsourcing has become a megatrend for achieving cost efficiency and competitive advantage.…”

Section: Introductionmentioning

confidence: 99%

Strategies for Effective Logistics Outsourcing: A Case Study in the Serbian Market

Andrejić,

Pajić

2024

JOTE

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The viability of numerous businesses in today's competitive landscape is significantly influenced by their ability to successfully implement outsourcing strategies, particularly in the realm of logistics. Despite the extensive body of literature exploring the multifaceted dimensions of outsourcing, there remains a notable gap in research specifically addressing logistics outsourcing in distinct markets through in-depth case studies. This analysis seeks to bridge this gap by providing a comprehensive examination of the logistics outsourcing process, as evidenced by a case study within the Serbian market. The research delineates the essential steps required for the establishment of a productive logistics partnership, encompassing the identification of needs, selection of a trusted Logistics Provider (LP), integration of logistics solutions with existing IT systems, delegation of goods handling, assignment of intralogistics responsibilities to maintain compliance with prevailing standards, specification of shipping and delivery requisites, and the continuous monitoring of activities and key performance indicators (KPIs). Through a detailed exploration of transportation, customs clearance, warehousing, customs declaration filing, document exchange, software implementation, and cargo insurance, the study illuminates the intricate processes involved. It is highlighted that the key advantages of such collaborations include enhanced efficiency and streamlined operations, while potential risks involve dependency and loss of control over logistics functions. The distinctiveness of this study lies in its comprehensive approach to outsourcing, encompassing seven critical activities, as opposed to the existing literature which predominantly focuses on the outsourcing of singular services. By offering both theoretical insights and practical implications, this research not only contributes to the existing body of knowledge but also paves the way for future investigations into logistics outsourcing, with a particular emphasis on the Serbian market.

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A Novel Hybrid Approach for Evaluation of Resilient 4PL Provider for E-Commerce

Cited by 11 publications

References 65 publications

A Novel Two-Stage Methodological Approach for Storage Technology Selection: An Engineering–FAHP–WASPAS Approach

A Novel Two-Stage Methodological Approach for Storage Technology Selection: An Engineering–FAHP–WASPAS Approach

Sustainable Evaluation of E-Commerce Companies in Vietnam: A Multi-Criteria Decision-Making Framework Based on MCDM

Strategies for Effective Logistics Outsourcing: A Case Study in the Serbian Market

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