Sustainable Supplier Selection using Neutrosophic Multi-Criteria Decision Making Methodology
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Abstract
Sustainable supplier selection is an important part of supply chain management since it encourages ethical and eco-friendly procedures. This study examines the most important criteria and factors for judging the sustainability performance of suppliers and presents a thorough overview of sustainable supplier selection. A decision-making framework for sustainable supplier selection is created via a review of relevant research, case studies, and best practices. Key factors for assessing suppliers include environmental performance, social responsibility, and economic viability, all of which are included in the framework. The results stress the need to take into account suppliers' energy efficiency, waste management, and social responsibility initiatives including fair labor practices and community involvement. Other essential considerations for long-term sustainability include economic viability and supply chain resilience. Organizations may improve their environmental impact, reduce supply chain risks, and boost overall performance by using sustainable supplier selection practices. This study used the TOPSIS method to rank sustainable suppliers. The TOPSIS method is employed with the single-valued neutrosophic set to deal with vague information. A case study in a food company is conducted to show the best supplier
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