Abstract

ABSTRACT A complex supply chain can improve the economic benefits of an enterprise to a certain extent, whereas its vulnerability also occurs. How to select resilient suppliers to improve enterprise risk resistance has become hot issue in supply chain management. Furthermore, due to the complexity of the supply chain and the instability of the market, the supplier selection in different periods and customer demands is dynamic. We use the best-worst approach to model the initial selection of suppliers taking into account risk factors. Based on this result, our study applies the fuzzy multi-criteria decision method to establish a multi-objective model that aims to solve the problem of dynamic supplier selection considering resilient criteria. We apply the improved wolf pack algorithm to measure the optimal order allocation strategy between profit and pollution. The supplier selection and order allocation of new energy vehicle manufacturing companies are used as a case study for verification. The results show the multi-objective model of supplier selection considering risk and resilience factors is feasible, and the dual-objective model of supplier selection and order allocation considering different demands in different periods are effective. Compared with the original algorithm, the improved Wolf pack algorithm has better comprehensive performance.

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.