Supply Chain Risk Analysis through the Computational Method

Supply chain management (SCM) requires risk analysis for the sustainable development of organizations such as retail, healthcare, information technology, and media.SCM has set ambitious goals and requirements for organizations to increase their share of productivity.However, considering the various criteria and factors involved in the process, selecting and deciding on the optimal SCM source can be challenging for organizations.In addressing this challenge, selection priority and risk analysis factors in SCM and alternatives are important.This challenge was resolved using the hesitant fuzzy-analytic hierarchy process (HF-AHP) and hesitant fuzzy-technique for order preference by similarity to ideal solution (HF-TOPSIS).The proposed approach considers numerous criteria, assigning weights using the HF-AHP method.Natural disasters are assigned the highest weight and geopolitical uncertainty the lowest weight.Within these groups, among subfactors, hurricane has the highest weight and economic conditions the lowest weight.HF-TOPSIS ranks the SCM alternatives, whereby systematic SCM has the highest priority and mitigation strategy the lowest priority.The proposed strategy can maintain the dynamics of choosing the ideal SCM, providing significant knowledge to policymakers and SCM partners.

Authors

Institutions

Publication Details

Journal
International Journal of Fuzzy Logic and Intelligent Systems
Published
2024-12-31
DOI
https://doi.org/10.5391/ijfis.2024.24.4.343
Citations
2
Primary Topic
Supply Chain Resilience and Risk Management
Type
article
Field-Weighted Citation Impact
1.11

Funders

Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Supply Chain Risk Analysis through the Computational Method

Torky Althaqafi
2 citations
International Journal of Fuzzy Logic and Intelligent Systems
Supply Chain Resilience and Risk Management
1.11
article

Supply Chain Risk Analysis through the Computational Method

Torky Althaqafi
article en
2 citations

Abstract

Supply chain management (SCM) requires risk analysis for the sustainable development of organizations such as retail, healthcare, information technology, and media.SCM has set ambitious goals and requirements for organizations to increase their share of productivity.However, considering the various criteria and factors involved in the process, selecting and deciding on the optimal SCM source can be challenging for organizations.In addressing this challenge, selection priority and risk analysis factors in SCM and alternatives are important.This challenge was resolved using the hesitant fuzzy-analytic hierarchy process (HF-AHP) and hesitant fuzzy-technique for order preference by similarity to ideal solution (HF-TOPSIS).The proposed approach considers numerous criteria, assigning weights using the HF-AHP method.Natural disasters are assigned the highest weight and geopolitical uncertainty the lowest weight.Within these groups, among subfactors, hurricane has the highest weight and economic conditions the lowest weight.HF-TOPSIS ranks the SCM alternatives, whereby systematic SCM has the highest priority and mitigation strategy the lowest priority.The proposed strategy can maintain the dynamics of choosing the ideal SCM, providing significant knowledge to policymakers and SCM partners.

International Journal of Fuzzy Logic and Intelligent SystemsVol. 24(4)
University of Jeddah (SA)
University of Jeddah
Decent work and economic growth
Openalex Percentile: Top 14%
Supply Chain Resilience and Risk Management
1.11
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.