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Study the supplier evaluation and selection in supply chain disruption risk based on regret theory and VIKOR method

Nian Zhang (School of Modern Posts, Chongqing University of Posts and Telecommunications, Chongqing, China)
Shuo Zheng (School of Modern Posts, Chongqing University of Posts and Telecommunications, Chongqing, China)
Lingyuan Tian (School of Modern Posts, Chongqing University of Posts and Telecommunications, Chongqing, China)
Guiwu Wei (School of Business, Sichuan Normal University - Chenglong Campus, Chengdu, China)

Kybernetes

ISSN: 0368-492X

Article publication date: 9 June 2023

Issue publication date: 30 October 2024

251

Abstract

Purpose

In the supply chain disruption risk, the issue of supplier evaluation and selection is solved by an extended VIKOR method based on regret theory.

Design/methodology/approach

Considering the influence of irrational emotions of decision makers, an evaluation model is designed by the regret theory and VIKOR method, which makes the decision-making process closer to reality.

Findings

The paper has some innovations in the evaluation index system and evaluation model construction. The method has good stability under the risk of supply chain interruption.

Originality/value

The mixed evaluation information is used to describe the attributes, and the evaluation index system is constructed by the combined method of the social network analysis method and the literature research method to ensure the accuracy and accuracy of the extracted attributes. The issue of supplier evaluation and selection is solved by an extended VIKOR method based on regret theory.

Keywords

Acknowledgements

The authors would like to thank the anonymous reviewers and editors for their insightful and constructive comments on their paper. This work was supported in part by the Doctoral Project of Chongqing Federation of Social Science Circles (2022NDQN39), the Humanities and Social Sciences Research Base Key Project of Chongqing Municipal Education Commission in 2022 (No. 22SKJD076), the open topic of the Center for International Cooperation and Innovation Development of Digital Economy (P2022-37), the youth talent plan of Science and Technology think tank (20220615ZZ07110237), Research and Development of Terminal Distribution Route Optimization Method and System for Large-scale Customers (No. 2022TIAD-GPX0072).

Citation

Zhang, N., Zheng, S., Tian, L. and Wei, G. (2024), "Study the supplier evaluation and selection in supply chain disruption risk based on regret theory and VIKOR method", Kybernetes, Vol. 53 No. 10, pp. 3848-3874. https://doi.org/10.1108/K-10-2022-1450

Publisher

:

Emerald Publishing Limited

Copyright © 2023, Emerald Publishing Limited

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