Lean, Agile, Resilient, Green, and Sustainable (LARGS) Supplier Selection Using Multi-Criteria Structural Equation Modeling under Fuzzy Environments

This study aims to propose an integrated approach for supplier selection based on the lean, agile, resilience, green, and sustainable (LARGS) paradigm. This approach was validated using structural equation modelling (SEM) and the intuitionistic fuzzy TOPSIS method. A comprehensive literature review...

Full description

Saved in:
Bibliographic Details
Published in:Sustainability Vol. 16; no. 4; p. 1594
Main Authors: Ghazvinian, Amirkeyvan, Feng, Bo, Feng, Junwen, Talebzadeh, Hossein, Dzikuć, Maria
Format: Journal Article
Language:English
Published: Basel MDPI AG 01.02.2024
Subjects:
Case studies
Decision making
Logistics
Manufacturing industry
Product development
Profits
Securities industry
Suppliers
Vendor relations
Iran
ISSN:2071-1050, 2071-1050
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This study aims to propose an integrated approach for supplier selection based on the lean, agile, resilience, green, and sustainable (LARGS) paradigm. This approach was validated using structural equation modelling (SEM) and the intuitionistic fuzzy TOPSIS method. A comprehensive literature review was conducted, identifying twenty-six criteria, which were then consolidated into five main criteria. A questionnaire was distributed to 237 individuals from manufacturing companies listed on the Tehran Stock Exchange, and the collected data were analyzed using third-order factor analysis and the partial least squares method. Subsequently, the proposed integrated approach was applied to evaluate four suppliers in an intuitionistic fuzzy environment, utilizing expert opinions and a case study on the automotive industry. The results demonstrate the effectiveness and practicality of the proposed approach in terms of prioritizing and selecting suitable suppliers according to LARGS criteria. In conclusion, this study contributes to the existing literature by proposing an integrated approach that addresses the decision-making challenges in supplier selection. This approach offers a practical tool for managers seeking to enhance sustainable supply chain performance from the LARGS perspective.
Bibliography:ObjectType-Article-1
SourceType-Scholarly Journals-1
ObjectType-Feature-2
content type line 14
ISSN:2071-1050
2071-1050
DOI:10.3390/su16041594