A GREY HYBRID MODEL TO SELECT THE OPTIMAL THIRD-PARTY LOGISTICS PROVIDER
DOI:
https://doi.org/10.7166/32-1-2126Keywords:
Grey CODAS, Grey SWARA, MCDMAbstract
Enterprises need to work with a proper third-party logistics provider to reduce costs and increase their logistics performance; so the third-party logistics (3PL) provider selection problem is a significant one for them. In this study, grey step-wise weight assessment ratio analysis (SWARA) and grey combinative distance-based assessment (CODAS) are proposed to address this problem. To the best of the authors’ knowledge, no otherstudy uses grey SWARA and grey CODAS together to solve any problem. Therefore a new grey hybrid model incorporating grey SWARA and grey CODAS is proposed to identify the best 3PL provider.
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