Abstract
Return of used products is gaining great worldwide attention due to resource depletion, environmental degradation, government legislation, and public awareness. Nowadays, reverse logistics is considered very important for organisations to improve their environmental and financial performance. Therefore, industries are turning to third–party reverse logistics providers (3PRLPs) for reusing, recycling, and remanufacturing of their products. In this paper, a multi–criteria decision making (MCDM) model is developed to guide the selection process of best 3PRLP. The proposed hybrid methodology is based on analytical hierarchy process (AHP) and grey relational analysis for 3PRLP selection and evaluation. This paper uses grey numbers for expressing ambiguity of the real world data and subjectivity of decision makers' assessments and presents a grey possibility degree for ranking 3PRLPs. To validate the capability of the proposed model a numerical example is presented in an automotive industry. Finally, managerial implications and future research directions conclude the paper.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Management and Decision Making
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
