Supplier selection of foreign trade sourcing company using ANP-VIKOR method in hesitant fuzzy environment

Shu Ping Wan Yu Zheng

doi:10.4172/2169-0316.1000163

Abstract

International supplier selection which includes different criteria can be regarded as a kind of multi-criteria decision making (MCDM) problems. By combining the analytic network process (ANP) with the Vlsekriterijumska Optimizacija I Kompromisno Resenje (VIKOR) method in hesitant fuzzy (HF) environment, this paper proposes a HF-ANP-VIKOR method. First, a novel HF-ANP approach is presented to determine the weight of each criterion. In this approach, the preference relations between criteria are hesitant fuzzy preference relations (HFPRs) whose elements are hesitant fuzzy elements (HFEs). According to the distance between two HFPRs, a new compatibility measure for HFPRs is proposed to measure the compatibility degrees of HFPRs. If the HFPRs are acceptable compatibility, they are converted into fuzzy preference relations by which the weights of sub-criteria are determined. Subsequently, extending the classical VIKOR method into HF environment, a new HF-VIKOR method is put forward to rank the alternatives. Finally, a case of Nantong uasia import and export limited company is studied to illustrate the practicability and effectiveness of the HF-ANP-VIKOR method proposed in this paper.

Highlights

With the development of globalization, lots of companies choose multinational operations to help them seek profits from development differences among nations
When the values of criteria are in the form of hesitant fuzzy elements (HFEs), a new hesitant fuzzy (HF)-Vlsekriterijumska Optimizacija I Kompromisno Resenje (VIKOR) method is proposed and applied to rank the alternatives .The key features of the proposed method in this paper are listed as follows: For any two HFEs h1 and h2, if l(h1) ≠ l(h2), we extend the shorter one by adding the minimum element of it until both of HFEs have the same length
Liao et al [32] generalized 6) and 7) to the following forms: (1) Considering the interactions among criteria, we firstly extend analytic network process (ANP) method into HF environment and propose HF-ANP to determine the weight of each criterion in supplier selection

Summary

Introduction

With the development of globalization, lots of companies choose multinational operations to help them seek profits from development differences among nations. Supplier selection could be considered as a kind of multi-criteria decision making (MCDM) problems. The above methods have advantages for supplier selection, there are some drawbacks which limit the applications of these methods These methods are unable to deal with the MCDM problems where several possible values may be supplied by decision makers (DMs) due to the ambiguity of human thinking. A novel ANP-VIKOR method is proposed to solve MCDM problems in hesitant fuzzy (HF) environment. (1) Considering the interactions among criteria, we firstly extend ANP method into HF environment and propose HF-ANP to determine the weight of each criterion in supplier selection. Of international supplier selection for foreign trade sourcing company with the ANP-VIKOR method in HFS environment.

A Novel Method for Solving MCDM Problems in HF Environment

A HF-VIKOR approach to ranking alternatives

Acceptable stability in decision making

C1 C2 C3

Findings

Conclusions