Abstract
This article aims in selection and evaluation of a Seventh Party Logistic provider (7PL) which integrates all the functions of a company globally. The procedure for selection is based on the criteria’s and their relative priority weights. Analytical Network Process (ANP) is used in complex problems where Multi-criteria decision making is involved. After identification of criteria using ANP final selection is done. This paper is informatory to researchers to understand and apply ANP to MCDM problems.
Highlights
Logistics is one of the complex problems which any industries find difficult to manage and maintain
The super matrix is generated from local matrix which shows the priority weights
The priority weights of the companies obtained from Analytical Network Process (ANP) modeling
Summary
Logistics is one of the complex problems which any industries find difficult to manage and maintain. With increasing global markets supply chain management faces many challenges. The decision making is one of the important aspect for implementing logistics. Logistics outsourcing is growing trend now-a days. Decision makers faces many challenges in real time situations of selection for a given problem. When it comes to scientific process of decision making can be represented as: 1. When it comes to scientific process of decision making can be represented as: 1. Identification of the problem
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