Selection of best leather item using a FAHP method to launch new leather industry in Ethiopia: A case study

Abstract

The ready-to-wear sector is expanding quickly and already accounts for a significant contribution to Ethiopia's export revenue. Due to its lower labor and investment costs, availability of resources, government assistance, etc. than other sectors, this industry attracts young entrepreneurs from around the nation as investment destinations. However, while investing in the leather industry, there are frequently many more aspects to consider. Again, there are numerous leather investment opportunities in the leathers sector, including handbags, jackets, belts, shoes, gloves, etc. Different sorts of leather items necessitate various levels of capital investment, operator skill sets, and resource requirements, among many other things. Again, based on their capacity for managing businesses, available capital, business location, and other factors, not all investors are in the same position. To assist investors in making decisions on the opening of a new leather industry, this paper presents a FAHP methodology for choosing the best leather item among various possibilities in a fuzzy environment. The methods enable the decision-maker to incorporate language expressions of expert judgment into the evaluation process. Using the suggested process, the ideal leather item is chosen for the launching of a leather industry in Ethiopia under the current circumstances.