A Hybrid <scp>MCDM</scp> Framework for Prioritizing Performance Outcomes in Industry 5.0‐Enabled Circular Supply Chains

ABSTRACT The growing pressure on manufacturing firms to integrate economic performance with environmental responsibility highlights the importance of Industry 5.0‐enabled circular supply chains (CSCs). This study identifies and prioritizes performance outcomes (POs) derived from adopting critical success factors (CSFs) in Industry 5.0‐enabled CSCs. A hybrid multi‐criteria decision‐making framework is applied in three phases: identification of CSFs and POs through a systematic literature review and expert consultation; determination of CSF weights using the best–worst method (BWM) and level‐based weight assessment (LBWA), and prioritization of POs using the fuzzy technique for order of preference by similarity to ideal solution (F‐TOPSIS). The results show that reducing waste and discarding costs (PO8, CC i = 0.8857) and improving production efficiency, operational, and economic performance (PO10, CC i = 0.8851) rank highest among POs. The study provides practitioners with a structured tool for prioritizing POs and highlights policy needs for regulatory support, technological incentives, and workforce development.

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Publication Details

Journal
Business Strategy & Development
Published
2026-01-29
DOI
https://doi.org/10.1002/bsd2.70277
Primary Topic
Sustainable Supply Chain Management
Type
article
Field-Weighted Citation Impact
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article

A Hybrid MCDM Framework for Prioritizing Performance Outcomes in Industry 5.0‐Enabled Circular Supply Chains

Hardik Majiwala, Ravi Kant, Nevil Gandhi, R. Shankar
Business Strategy & Development
Sustainable Supply Chain Management
article

A Hybrid MCDM Framework for Prioritizing Performance Outcomes in Industry 5.0‐Enabled Circular Supply Chains

Hardik Majiwala, Ravi Kant, Nevil Gandhi, R. Shankar
article en

Abstract

ABSTRACT The growing pressure on manufacturing firms to integrate economic performance with environmental responsibility highlights the importance of Industry 5.0‐enabled circular supply chains (CSCs). This study identifies and prioritizes performance outcomes (POs) derived from adopting critical success factors (CSFs) in Industry 5.0‐enabled CSCs. A hybrid multi‐criteria decision‐making framework is applied in three phases: identification of CSFs and POs through a systematic literature review and expert consultation; determination of CSF weights using the best–worst method (BWM) and level‐based weight assessment (LBWA), and prioritization of POs using the fuzzy technique for order of preference by similarity to ideal solution (F‐TOPSIS). The results show that reducing waste and discarding costs (PO8, CC i = 0.8857) and improving production efficiency, operational, and economic performance (PO10, CC i = 0.8851) rank highest among POs. The study provides practitioners with a structured tool for prioritizing POs and highlights policy needs for regulatory support, technological incentives, and workforce development.

Business Strategy & DevelopmentVol. 9(1)
Gujarat University (IN), Sardar Vallabhbhai National Institute of Technology Surat (IN), Liberal Arts University (RU), Indian Institute of Technology Delhi (IN)
Openalex Percentile: Top 75%
Sustainable Supply Chain Management
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