Leagile and sustainable supplier selection problem in the Industry 4.0 era: a case study of the medical devices using hybrid multi-criteria decision making tool

ForouzeshNejad, Ali Akbar

doi:10.1007/s11356-022-22916-x

Cited by 27 publications

(7 citation statements)

References 89 publications

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“…So far, I4.0 applications have been primarily focused on commercial supply chains, and with this paper, we assert the need for I4.0 frameworks to be engaged in HSCs. For instance, a case study related to the supplier selection process for acquiring medical devices [92] could be studied in the context of HSCs. Non-governmental organizations such as the Red Cross or Médecins Sans Frontières (Doctors Without Borders) [93] can benefit from BDA to predict disease outbreaks and plan their medical SCs.…”

Section: Topical Trends By Yearmentioning

confidence: 99%

Leveraging Industry 4.0 Technologies for Sustainable Humanitarian Supply Chains: Evidence from the Extant Literature

Ülkü,

Bookbinder,

Yun

2024

Sustainability

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Prevailing and exacerbating impacts of climate change call for robust and resilient humanitarian supply chains (HSCs). To that end, intelligent technologies that brought about the Industry 4.0 (I4.0) revolution, such as the Internet of Things, blockchain, and artificial intelligence, may tremendously impact the optimal design and effective management of HSCs. In this paper, we conduct a systematic literature network analysis and identify trends in I4.0 and HSCs. We posit the need to instill into current HSC efforts the quadruple bottom-line (cultural, economic, environmental, and social) pillars of sustainability and define a Sustainable Humanitarian Supply Chain (SHSC). Based on the extant literature and ongoing practice, we highlight how I4.0 technologies can aid SHSC stages from disaster risk assessment to preparedness to response to relief. The complex nature of SHSCs requires a holistic and multidisciplinary approach and collaboration by scholars, policymakers, and industry practitioners to pool solution resources. We offer future research venues in this fledgling but life-saving scientific discipline. SHSCs can be empowered with I4.0 technologies, a much needed direction in our climate-changed world.

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Section: Topical Trends By Yearmentioning

confidence: 99%

Leveraging Industry 4.0 Technologies for Sustainable Humanitarian Supply Chains: Evidence from the Extant Literature

Ülkü,

Bookbinder,

Yun

2024

Sustainability

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“…In a competitive economy environment, the problem of how to determine an appropriate investment allocation of limited resources to select low-risk and high-benefit set of projects is called project portfolio selection (PPS) problem, which is crucial for a/an company/organization (Boyd et al, 2017;ForouzeshNejad, 2023;Kolm et al, 2014). However, risks triggered by multiple uncertainties, such as resource shortages (Afzal et al, 2023;Bai et al, 2020), organizational instability (Mahmoudi et al, 2022), etc., can seriously affect the realization of project benefits, so the problem of PPS considering risks has been widely concerned (Asadabadi & Zwikael, 2021;Hofman et al, 2018;Suresh & Dillibabu, 2020;X.…”

Section: Introductionmentioning

confidence: 99%

Project portfolio selection considering the hindrance to risk propagation: a dual-objective optimization approach

Lv,

Li,

Shen

et al. 2024

Preprint

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The problem of project portfolio selection considering risk propagation is a new research topic, but it overlooks the fact that the risk propagation process can be hindered by resource mobilisation within candidate projects, which is defined as “risk absorption” in this paper. Neglecting this process may lead to the risk propagation process being overestimated. This study aims to investigate the problem of project portfolio selection considering risk absorption, and to work on selecting stable project portfolio. To address this issue, the article first examines the process of risk absorption among projects and calculates the amount of risk absorbed based on the strength of the interactions between the projects selected. Secondly, the total risk intensity of the project is given by calculating the risk propagation intensity and self-incurred risk intensity. Finally, a dual-objective project portfolio selection model considering risk absorption is developed by combining the risk intensity and net present value of the project. The analysis of a case study demonstrates that 1) considering risk absorption can reduce the probability of project risks occurring due to being propagated, 2) considering risk absorption will prioritize projects with higher returns, albeit accompanied by relatively higher risks.

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“…In his study conducted in 2023, Forouzeshnejad concluded that agility and sustainability are the essential criteria for agility and sustainability in the medical device industry and that flexibility, cost, reliability, smart factory, and quality are crucial criteria determined subsequently [17].…”

Section: Introductionmentioning

confidence: 99%

Supplier selection using the integrated MEREC – CoCoSo methods in a medical device company

Özel Sönmez,

Toktaş

2024

Journal of Scientific Reports-A

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The medical device industry is a rapidly developing industry that includes various dynamics. Developed technologies show continuous improvement depending on diagnosis and treatment applications in health services. To keep up with this change and survive in an increasingly competitive environment, medical device manufacturers must be engaged in continuous improvement activities. This situation, necessary for many companies producing in the industrial field, gains even more importance in the medical device sector when the direct impact of product safety and quality on human life is considered. In companies producing medical devices, the legal requirements of the product being a medical device are followed by the notified bodies and authorized authorities within the framework of standards and regulations within the scope of quality processes. Increasing costs and liabilities with MDR 2017/45 have pushed medical device manufacturers to question their methods. In this study, it was determined that customer requests could not be met in a company producing medical devices, and it was observed that delivery times increased. In evaluating the reasons for the increase in delivery time, it was determined that supplier selection could have been carried out more effectively. For this purpose, six suppliers and six criteria were selected because of the company's sector knowledge and the evaluations of the company managers. The Combined Compromise Solution (CoCoSo) method, one of the new generation multi-criteria decision-making (MCDM) methods, is proposed for ranking the suppliers in the supplier selection problem. Method The removal effects of criteria (MEREC) weighting method was used to weight supplier selection criteria. In this study, a new generation supplier selection method application in medical devices has been carried out. Considering the inadequacy of the studies on supplier selection in medical devices, the relevant research will contribute to the literature.

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Leagile and sustainable supplier selection problem in the Industry 4.0 era: a case study of the medical devices using hybrid multi-criteria decision making tool

Cited by 27 publications

References 89 publications

Leveraging Industry 4.0 Technologies for Sustainable Humanitarian Supply Chains: Evidence from the Extant Literature

Leveraging Industry 4.0 Technologies for Sustainable Humanitarian Supply Chains: Evidence from the Extant Literature

Project portfolio selection considering the hindrance to risk propagation: a dual-objective optimization approach

Supplier selection using the integrated MEREC – CoCoSo methods in a medical device company

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