Supplier Selection for a Power Generator Sustainable Supplier Park: Interval-Valued Neutrosophic SWARA and EDAS Application

Abstract

Power generator manufacturers play a critical role in maintaining electric flow for sustainable product and service production. The aim of this study is to extract the criteria necessary for a generator manufacturer to evaluate and select its suppliers for its sustainable supplier park, and to prioritize them to form the supply network. The methodology of this research covers the phases as (i) extracting the criteria affecting the supplier selection decision process of a power generator company via an in-depth literature and industrial report review, (ii) evaluating these criteria by industry experts, (iii) identifying the weights of each criterion via SWARA (“step-wise weight assessment ratio analysis”), (iv) prioritizing the alternative suppliers fitting to the criteria so that the power generator company can construct its sustainable supplier park via IVN EDAS (“interval valued neutrosophic Evaluation Based on Distance from Average Solution”), (v) conducting a sensitivity analysis to check for the robustness of the results by changing the weights, and (vi) applying a comparative analysis to validate the methodology’s accuracy by comparing the results with IVN TOPSIS and IVN CODAS. Moreover, this paper contributes to the literature by elaborating on the integration details of the IVN SWARA and IVN EDAS as the first research paper of the author’ knowledge. A practitioner can understand which factors to consider prominently in forming a sustainable supplier park, or in deciding on which suppliers to select to plan the strategic operations of a power generator company.