Background: Supply chain companies have merits and demerits regarding operational and economic transactional policies. The effectiveness of supply chain companies corresponds to a cumulative score on a multi-criteria and perspectives-based evaluation. In this paper, we analyse the performances and challenges of several celebrated e-commerce companies to perceive their overall impression of supply chain management. Method: A mathematical model is framed as a multi-criteria decision-making (MCDM) problem with challenges as criteria and companies as alternatives. The criteria importance through inter-criteria correlation (CRITIC) method is used in this paper to adjust weights representing the available data. The ranking of e-commerce companies is evaluated using multi-objective optimization by ratio analysis plus the full multiplicative form (MULTIMOORA) method. Results: This model investigates the most dependent criteria and sub-criteria for the adaptation challenges of supply chain companies (SCCs). Furthermore, the SCCs are prioritized based on various conflicting criteria. Conclusion: Various challenges of SCCs, like logistics constraints, disruptions in supply chains, issues with technology, ethical sourcing and inconsistency between the products’ availability and the pace of consumption, are considered and analysed. We amassed the difficulties as criteria and sub-criteria in a numerical process using the MCDM approach. Additionally, the sensitivity and comparative of several optimal phenomena are analysed based on distinctive combinations of challenges in the ranking arena.
Multi-criteria decision-making (MCDM) is now frequently utilized to solve difficulties in everyday life. It is challenging to rank possibilities from a set of options since this process depends on so many conflicting criteria. The current study focuses on recognizing symptoms of illness and then using an MCDM diagnosis to determine the potential disease. The following symptoms are considered in this study: fever, body aches, fatigue, chills, shortness of breath (SOB), nausea, vomiting, and diarrhea. This study shows how the generalised dual hesitant hexagonal fuzzy number is used to diagnose disease. We also introduce a new de-fuzzification method for . To diagnose a given condition, coupled with MCDM tools, such as the fuzzy criteria importance through inter-criteria correlation (FCRITIC) method, is used for finding the weight of criteria. Furthermore, the fuzzy weighted aggregated sum product assessment (FWASPAS) method and a fuzzy combined compromise solution (FCoCoSo) are used to rank the alternatives. The alternative diseases are chosen to be malaria, influenza, typhoid, dengue, monkeypox, ebola, and pneumonia. A sensitivity analysis is carried out on three patients affected by different diseases to assess the validity and reliability of our methodologies.
Background: What are the cumulative influences of pricing, promotions of commodities, order size-based discount opportunities, and alternative warehousing scenarios on effective decision-making concerning inventory management? It is observed that the prices and promotion of products influence the demand rate. The shortage can be partially backlogged, and the backlogging rate depends on the waiting time. Also, discount and trade credit facilities may be available when purchasing items. This paper describes a novel inventory control model regarding optimal warehousing decision-making scenarios. Methods: This paper includes the facts in its hypothesis and examines the overall impact of the mentioned issues on profitability. The inventory carrying scheme associated with the proposed model consists of both rented and owned warehouse facilities in which the cost increases linearly with time. The numerical and visual simulation succeeds the mathematical approach to analyze the proposed inventory model in Mathematica software. Results: The results show that a price hike enhances profit despite the negative impact on demand creation. Also, promotion frequency favors profitability, suppressing the corresponding costs. Another managerial intuition is revealed through the numerical result that the stock should be held in a rented warehouse when deterioration in the owned warehouse increases, despite the cost of a rented warehouse. Conclusions: Besides several mentioned management insights, this study includes several existing models as particular cases and tackles challenges in the analytical optimization approach. This study leads toward the consequences of future research scopes with industry-based raw data.
Background: The supply chain refers to the full process of creating and providing a good or service, starting with the raw materials and ending with the final customer. It requires cooperation and coordination between many parties, including the suppliers, manufacturers, distributors, retailers, and customers. Methods: In the medicinal supply chain (MSC), the critical nature of these processes becomes more complicated. It requires strict regulation, quality control, and traceability to ensure patient safety and compliance with regulatory standards. This study is conducted to suggest a smooth channel to deal with the challenges and adaptability of the MSC. Different MSC challenges are considered as criteria which deal with various adaptation plans. Multi-criteria decision-making (MCDM) methodologies are taken as optimization tools and probabilistic linguistic term sets (PLTSs) are considered for express uncertainty. Results: The subscript degree function (SDF) and deviation degree function (DDF) are introduced to evaluate the crisp value of the PLTSs. An MSC model is constructed to optimize the sustainable medicinal supply chain and overcome various barriers to MSC problems. Conclusions: Additionally, sensitivity analysis and comparative analysis were conducted to check the robustness and flexibility of the system. Finally, the conclusion section determines the optimal weighted criteria for the MSC problem and identifies the best possible solutions for MSC using PLTS-based MCDM methodologies.
During the past two decades, value management (VM), has developed into a recognized construction practice. However, the methods and activities associated with VM adopt informal approaches in developing countries. This study aims to explore the critical success factors (CSFs) of VM implementation. Consequently, VM CSFs were investigated from the previous literature and further categorized over a semi-structured interview. The importance of these CSFs investigated by 335 structured questionnaires completed by residential building professionals. Subsequently, the exploratory study using the exploratory Pearson correlation of the VM CSFs was employed to validate the categorization resulting from a semi-structured interview and pilot study phases. Based on the validation results, the VM CSFs may be divided into four dimensions: culture and environment, workshop dynamics, stakeholder and knowledge, and standardization. Through important relative index (RII) analysis, the essential CSFs creates a VM team from a variety of disciplines, VM knowledge, experience of participants, and professional experience of the different participants’ diverse disciplines. In addition, this research used a stationary analytic strategy to evaluate the degree to which VM critical success factors (CSFs) have been incorporated into residential construction projects in Egypt. The results revealed that “establishing the roles and purposes of various professions” was the stationary success factor for adopting VM. This research establishes a road map for successful VM implementation via VM CSFs in Egypt and other underdeveloped nations. Stakeholders in the residential construction sector would benefit from this study by learning more about VM CSFs and how they may be used to increase the value of their projects.