Abstract

PurposeThe purpose of this paper is to make out a complete solution to logistic outsourcing problem in a medium‐scale organization by using consistent fuzzy preference relation (CFPR) and vlsekriterijumska optimizacija i kompromisno resenje (VIKOR) method.Design/methodology/approachThe initial approach to this research was to develop a comprehensive framework for logistic outsourcing problem and selection of most appropriate third party logistic (3PL) provider.FindingsIt has been found that the organization should outsource logistic activities. The alternatives (3PL providers) have also been ranked and the fifth 3PL provider has been termed as best third party logistic provider.Research limitations/implicationsThe parameters selected for this study and developed framework are applicable only to a medium‐scale organization manufacturing automobile parts in northern India.Originality/valueThis is probably the first time that an attempt has been made to apply the two‐phase methodology approach, using CFPR and VIKOR, to analyze a multi‐criteria logistic outsourcing problem. A case is provided which demonstrates how to solve logistic outsourcing, a multi‐criteria decision‐making problem.

Full Text
Paper version not known

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 call

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.