Skip to main navigation Skip to search Skip to main content

An intuitive fuzzy approach for evaluating financial resiliency of supply chain

  • Iman Ghasemian Sahebi
  • , Seyed Pendar Toufighi*
  • , Gencay Karakaya
  • , Shahryar Ghorbani
  • *Corresponding author for this work
  • University of Tehran
  • Istanbul Commerce University
  • Sakarya University

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

Since the financial crisis of 2008, financial resiliency has gradually become a crucial tools employed by supply chains worldwide to resist external risks and shocks. Risks and shocks sometimes creating a turbulent environment can vary in intensity and frequency and may be attributed to a system's internal or external factors. Resilience is defined as the capacity to withstand risks that are more significant, rapid recovery after risks, and reduced degradation by virtue of a certain number of hazards. Financial resiliency focuses on how an organization efficiently deploys the remaining financial resources and invests in maintenance and reconstruction strategies to accelerate the recovery process. This study aims to identify and classify the criteria for measuring supply chain financial resilience using the hybrid Fuzzy Delphi Method (FDM) and intuitive fuzzy DEMATEL technique with interval values (IVIF-DEMATEL). For this purpose, by reviewing the literature, 29 criteria of supply chain financial resiliency were identified, and after screening by FDM, 12 criteria were finalized. In the next step, the desired criteria were classified into two category, and the importance of each was determined.

Original languageEnglish
JournalOPSEARCH
Volume59
Issue number2
Pages (from-to)460-481
ISSN0030-3887
DOIs
Publication statusPublished - Jun 2022
Externally publishedYes

Bibliographical note

Funding Information:
The authors wish to express their gratitude to the esteemed reviewers for their valuable comments in improving the quality of this research work.

Funding

The authors wish to express their gratitude to the esteemed reviewers for their valuable comments in improving the quality of this research work.

Keywords

  • C10
  • C61
  • DEMATEL
  • Financial resiliency
  • Intuitive fuzzy number
  • Mathematics Subject Classification
  • Redundancy

Fingerprint

Dive into the research topics of 'An intuitive fuzzy approach for evaluating financial resiliency of supply chain'. Together they form a unique fingerprint.

Cite this