This paper presents a new method based on dominance-based rough sets for the selection of right suppliers based on sustainable performance criteria relying on the triple bottom line approach.
Authors
Arpit Singh, Department of Information System and Analytics, Jindal Global Business School, O.P. Jindal Global University, Sonipat, Haryana, India.
Vimal Kumar, Department of Information Management, Chaoyang University of Technology, Taichung, Taiwan.
Pratima Verma, Department of Strategic Management, Indian Institute of Management Kozhikode, Kozhikode, India.
Summary
This study aims to focus on sustainable supplier selection in a construction company considering a new multi-criteria decision-making (MCDM) method based on dominance-based rough set analysis. The inclusion of sustainability concept in industrial supply chains has started gaining momentum due to increased environmental protection awareness and social obligations. The selection of sustainable suppliers marks the first step toward accomplishing this objective. The problem of selecting the right suppliers fulfilling the sustainable requirements is a major MCDM problem since various conflicting factors are underplay in the selection process. The decision-makers are often confronted with inconsistent situations forcing them to make imprecise and vague decisions.
Methodology
This paper presents a new method based on dominance-based rough sets for the selection of right suppliers based on sustainable performance criteria relying on the triple bottom line approach. The method applied has its distinct advantages by providing more transparency in dealing with the preference information provided by the decision-makers and is thus found to be more intuitive and appealing as a performance measurement tool.
Findings
The technique is easy to apply using “jrank” software package and devises results in the form of decision rules and ranking that further assist the decision-makers in making an informed decision that increases credibility in the decision-making process.
Originality
The novelty of this study of its kind is that uses the dominance-based rough set approach for a sustainable supplier selection process.
Published in: Construction Innovation
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