Operational Research in Engineering Sciences

Journal DOI: https://doi.org/10.31181/oresta190101s

(A Journal of Management and Engineering) ISSN 2620-1607 | ISSN 2620-1747 |

Integrated MCDM model for processes optimization in supply chain management in wood company

Živko Erceg,
University of East Sarajevo, Faculty of Transport and Traffic Engineering Doboj, Bosnia and Herzegovina
Fatima Mularifović,
University of East Sarajevo, Faculty of Transport and Traffic Engineering Doboj, Bosnia and Herzegovina

Abstract

Supply chain management (SCM) is a global strategy in nowadays business environment. It is needed It is necessary to manage a number of processes and activities on a daily basis in order to achieve a competitive advantage. In order to achieve adequate bases for successful functioning, it is necessary to know their abilities and weaknesses. In order to achieve this, it is necessary to perform the decomposition of the complete system. In this paper decomposition in wood company and supplier selection in subsystem of procurement has performed. For determining criteria weights are applied Full Consistency Method (FUCOM), while the ranking of supplier is performed using Weighted Aggregated Sum Product ASsessment (WASPAS) method. Obtained results are checked through sensitivity analysis that is formed with modeling of criteria weights. In sensitivity analysis it was found that changes in the significance of the criteria could influence the decision making and ranking of suppliers.

Keywords
FUCOM, WASPAS, SCM, evaluation of suppliers, decomposition.

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SCImago Journal & Country Rank

CiteScore for Management Science and Operations Research

8.1
2021CiteScore
 
 
89th percentile
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CiteScore for Engineering (miscellaneous)

8.1
2021CiteScore
 
 
93rd percentile
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