Sustainable Supplier Selection through Multi-Criteria Decision Making (MCDM) Approach: A Bibliometric Analysis
Abstract
:1. Introduction
2. Methods
3. Results and Discussion
3.1. Theoretical Contributions
- Data-driven decision making: This approach allows companies to collect data and information related to the relevant criteria in supplier selection. This helps companies make decisions that are supported by objective data [52,105]. The data-driven decision-making approach empowers companies to harness the power of information and insights when it comes to selecting their suppliers. By diligently collecting and analyzing data pertinent to the criteria deemed crucial in supplier evaluation, organizations can steer their decision-making processes towards more informed and objective outcomes. Additionally, a data-driven approach enhances risk management in supplier selection. Companies can use the data to evaluate their financial stability, compliance with regulations, and geographical diversification of their suppliers. This information helps in identifying potential risks and developing mitigation strategies to ensure a more resilient supply chain [106].
- Environmentally and socially sustainable: Taking sustainability criteria into account, companies can select suppliers that adhere to environmentally and socially responsible business practices. This helps companies to build a reputation for sustainability and minimize negative impacts on the environment and society [107]. Incorporating sustainability criteria into supplier selection processes is a crucial move for companies. It promotes responsible business practices, encourages an environmentally and socially conscious global marketplace, and ensures the quality of products and services. By choosing sustainable suppliers, businesses not only enhance their own reputation but also align with the growing global concern for ecological and social well-being. Responsible sourcing minimizes negative impacts on the environment and society, fulfilling corporate social responsibilities and showing commitment to a sustainable future [108]. This sets an example for the industry and inspires positive change throughout the supply chain, ultimately fostering a more harmonious and responsible global economy.
- Improved customer relationships: The symbiotic relationship between supplier selection and customer satisfaction becomes increasingly evident as businesses tailor their procurement processes. In the context of continuous supplier selection, companies that understand customer preferences can adapt their supplier selection to customer needs. This helps increase customer satisfaction and build stronger long-term relationships [109]. In the dynamic landscape of continuous supplier selection, businesses that possess a keen insight into customer preferences are empowered to finely tune their supplier selection strategies in direct alignment with the evolving demands and desires of their clientele. This strategic alignment serves as a powerful catalyst, propelling organizations towards enhanced customer satisfaction and fostering robust, enduring relationships.
3.2. Managerial Implication
4. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Khulud, K.; Masudin, I.; Zulfikarijah, F.; Restuputri, D.P.; Haris, A. Sustainable Supplier Selection through Multi-Criteria Decision Making (MCDM) Approach: A Bibliometric Analysis. Logistics 2023, 7, 96. https://doi.org/10.3390/logistics7040096
Khulud K, Masudin I, Zulfikarijah F, Restuputri DP, Haris A. Sustainable Supplier Selection through Multi-Criteria Decision Making (MCDM) Approach: A Bibliometric Analysis. Logistics. 2023; 7(4):96. https://doi.org/10.3390/logistics7040096
Chicago/Turabian StyleKhulud, Khoiron, Ilyas Masudin, Fien Zulfikarijah, Dian Palupi Restuputri, and Abdul Haris. 2023. "Sustainable Supplier Selection through Multi-Criteria Decision Making (MCDM) Approach: A Bibliometric Analysis" Logistics 7, no. 4: 96. https://doi.org/10.3390/logistics7040096
APA StyleKhulud, K., Masudin, I., Zulfikarijah, F., Restuputri, D. P., & Haris, A. (2023). Sustainable Supplier Selection through Multi-Criteria Decision Making (MCDM) Approach: A Bibliometric Analysis. Logistics, 7(4), 96. https://doi.org/10.3390/logistics7040096