IDEAS home Printed from https://ideas.repec.org/a/gam/jmathe/v9y2021i24p3210-d700506.html
   My bibliography  Save this article

Evaluating Pallet Investment Strategy Using Fuzzy Analytic Network Process: A Case in Chinese Chain Supermarkets

Author

Listed:
  • Hung-Lung Lin

    (School of Economics and Management, Sanming University, No. 25, Ching-Tung Rd., Sanming 365004, China)

  • Yu-Yu Ma

    (School of Education Science, Minnan Normal University, No. 36, Shì Qian Zhi St., Zhangzhou 363000, China)

  • Chin-Tsai Lin

    (Department of Business Administration, Ming Chuan University, 250 Zhong Shan North Rd., Section 5, Shilin District, Taipei 111, Taiwan)

Abstract

Presently in Chinese chain supermarkets, many enterprises have built automatic equipment and information facilities in the logistics center of their supply chain systems. Modern logistics technology and equipment largely depend on the resource integration of each role in the chain (such as suppliers, manufacturers, wholesalers, and retailers), especially logistics facilities and equipment resources, to realize the circulation of products. The pallet, which is an indispensable basic tool for a supply chain system in the process of product circulation, is most often used in the handling, stacking, storage, and transportation of products. The process of building automation and informationization in the supply chain system of Chinese supermarket chains requires the solving of the problems of cost and sharing pallets in logistics operations. Large-scale enterprises often spend millions of dollars on investment, the failure of which can cause significant harm to the enterprise. Therefore, the authors of this paper adopted the fuzzy analytic network process (FANP), combining fuzzy and ANP models to evaluate our studied case. We utilized an actual case as the research object to resolve the important decisions regarding pallet resource sharing investment in the supply chain system. Importantly, it is expected that the proposed method can provide an important reference standard or a new idea for decision makers in the chain supermarket industry or related industries.

Suggested Citation

  • Hung-Lung Lin & Yu-Yu Ma & Chin-Tsai Lin, 2021. "Evaluating Pallet Investment Strategy Using Fuzzy Analytic Network Process: A Case in Chinese Chain Supermarkets," Mathematics, MDPI, vol. 9(24), pages 1-26, December.
    • Handle: RePEc:gam:jmathe:v:9:y:2021:i:24:p:3210-:d:700506
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-7390/9/24/3210/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-7390/9/24/3210/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ngan, Sue Lin & How, Bing Shen & Teng, Sin Yong & Promentilla, Michael Angelo B. & Yatim, Puan & Er, Ah Choy & Lam, Hon Loong, 2019. "Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 111(C), pages 314-331.
    2. Li, Chengjiang & Negnevitsky, Michael & Wang, Xiaolin, 2020. "Prospective assessment of methanol vehicles in China using FANP-SWOT analysis," Transport Policy, Elsevier, vol. 96(C), pages 60-75.
    3. Ngan, Sue Lin & How, Bing Shen & Teng, Sin Yong & Promentilla, Michael Angelo B. & Yatim, Puan & Er, Ah Choy & Lam, Hon Loong, 2019. "Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries," MPRA Paper 95450, University Library of Munich, Germany, revised 01 Jun 2019.
    4. Yoram Wind & Thomas L. Saaty, 1980. "Marketing Applications of the Analytic Hierarchy Process," Management Science, INFORMS, vol. 26(7), pages 641-658, July.
    5. Nilashi, Mehrbakhsh & Ahmadi, Hossein & Ahani, Ali & Ravangard, Ramin & Ibrahim, Othman bin, 2016. "Determining the importance of Hospital Information System adoption factors using Fuzzy Analytic Network Process (ANP)," Technological Forecasting and Social Change, Elsevier, vol. 111(C), pages 244-264.
    6. Hung-Lung Lin & Yu-Yu Ma, 2021. "A New Method of Storage Management Based on ABC Classification: A Case Study in Chinese Supermarkets’ Distribution Center," SAGE Open, , vol. 11(2), pages 21582440211, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hung-Lung Lin & Yu-Yu Ma & Chin-Tsai Lin, 2023. "An Evaluation System for COVID-19 Vaccine Transportation Quality Based on Fuzzy Analytic Hierarchy Process," Mathematics, MDPI, vol. 11(18), pages 1-28, September.
    2. Ding-Yi Zhao & Yu-Yu Ma & Hung-Lung Lin, 2022. "Using the Entropy and TOPSIS Models to Evaluate Sustainable Development of Islands: A Case in China," Sustainability, MDPI, vol. 14(6), pages 1-25, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Yu Hao & Yingting Wang & Qiuwei Wu & Shiwei Sun & Weilu Wang & Menglin Cui, 2020. "What affects residents' participation in the circular economy for sustainable development? Evidence from China," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(5), pages 1251-1268, September.
    2. Yeo, Lip Siang & Teng, Sin Yong & Ng, Wendy Pei Qin & Lim, Chun Hsion & Leong, Wei Dong & Lam, Hon Loong & Wong, Yat Choy & Sunarso, Jaka & How, Bing Shen, 2022. "Sequential optimization of process and supply chains considering re-refineries for oil and gas circularity," Applied Energy, Elsevier, vol. 322(C).
    3. Konuralp Pamukcu, 2020. "Implementation of Sustainable Development Goals Through the Equimarginal Principle and Circular Economy," Istanbul Journal of Economics-Istanbul Iktisat Dergisi, Istanbul University, Faculty of Economics, vol. 70(2), pages 267-286, December.
    4. Jason Yi Juang Yeo & Bing Shen How & Sin Yong Teng & Wei Dong Leong & Wendy Pei Qin Ng & Chun Hsion Lim & Sue Lin Ngan & Jaka Sunarso & Hon Loong Lam, 2020. "Synthesis of Sustainable Circular Economy in Palm Oil Industry Using Graph-Theoretic Method," Sustainability, MDPI, vol. 12(19), pages 1-29, September.
    5. Jawaher Binsuwadan & Ghadda Yousif & Hiyam Abdulrahim & Hind Alofaysan, 2023. "The Role of the Circular Economy in Fostering Sustainable Economic Growth in the GCC," Sustainability, MDPI, vol. 15(22), pages 1-17, November.
    6. Teng, Sin Yong & Máša, Vítězslav & Touš, Michal & Vondra, Marek & Lam, Hon Loong & Stehlík, Petr, 2022. "Waste-to-energy forecasting and real-time optimization: An anomaly-aware approach," Renewable Energy, Elsevier, vol. 181(C), pages 142-155.
    7. Tomasz Rokicki & Aleksandra Perkowska & Bogdan Klepacki & Hubert Szczepaniuk & Edyta Karolina Szczepaniuk & Stanisław Bereziński & Paulina Ziółkowska, 2020. "The Importance of Higher Education in the EU Countries in Achieving the Objectives of the Circular Economy in the Energy Sector," Energies, MDPI, vol. 13(17), pages 1-17, August.
    8. Yildirim, Ercan & AR, Ilker Murat & Dabić, Marina & Baki, Birdogan & Peker, Iskender, 2022. "A multi-stage decision making model for determining a suitable innovation structure using an open innovation approach," Journal of Business Research, Elsevier, vol. 147(C), pages 379-391.
    9. Beatriz de Souza Mello Gonçalves & Flávio Leonel de Carvalho & Paula de Camargo Fiorini, 2022. "Circular Economy and Financial Aspects: A Systematic Review of the Literature," Sustainability, MDPI, vol. 14(5), pages 1-41, March.
    10. Abdul-Hamid, Asma-Qamaliah & Ali, Mohd Helmi & Osman, Lokhman Hakim & Tseng, Ming-Lang & Lim, Ming K., 2022. "Industry 4.0 quasi-effect between circular economy and sustainability: Palm oil industry," International Journal of Production Economics, Elsevier, vol. 253(C).
    11. Yee Ho Chai & Suzana Yusup & Wan Nadiah Amalina Kadir & Chung Yiin Wong & Siti Suhailah Rosli & Muhammad Syafiq Hazwan Ruslan & Bridgid Lai Fui Chin & Chung Loong Yiin, 2020. "Valorization of Tropical Biomass Waste by Supercritical Fluid Extraction Technology," Sustainability, MDPI, vol. 13(1), pages 1-24, December.
    12. Maria Cristina Collivignarelli & Alessandro Abbà & Marco Carnevale Miino & Vincenzo Torretta & Elena Cristina Rada & Francesca Maria Caccamo & Sabrina Sorlini, 2020. "Adsorption of Fluorides in Drinking Water by Palm Residues," Sustainability, MDPI, vol. 12(9), pages 1-12, May.
    13. Koide, R. & Murakami, S. & Nansai, K., 2022. "Prioritising low-risk and high-potential circular economy strategies for decarbonisation: A meta-analysis on consumer-oriented product-service systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 155(C).
    14. Pasqualina Sacco & Christian Vinante & Yuri Borgianni & Guido Orzes, 2021. "Circular Economy at the Firm Level: A New Tool for Assessing Maturity and Circularity," Sustainability, MDPI, vol. 13(9), pages 1-17, May.
    15. Koppiahraj Karuppiah & Bathrinath Sankaranarayanan & Syed Mithun Ali & Ernesto D. R. Santibanez Gonzalez, 2023. "Impact of Circular Bioeconomy on Industry’s Sustainable Performance: A Critical Literature Review and Future Research Directions Analysis," Sustainability, MDPI, vol. 15(14), pages 1-17, July.
    16. Seng Boon Lim & Chee Kong Yong & Jalaluddin Abdul Malek & Mohd Fuad Mat Jali & Abd Hair Awang & Zurinah Tahir, 2020. "Effectiveness of Fear and Crime Prevention Strategy for Sustainability of Safe City," Sustainability, MDPI, vol. 12(24), pages 1-24, December.
    17. Tang, Ming & Liao, Huchang, 2021. "Multi-attribute large-scale group decision making with data mining and subgroup leaders: An application to the development of the circular economy," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    18. Chowdhury, Naimur Rahman & Paul, Sanjoy Kumar & Sarker, Tapan & Shi, Yangyan, 2023. "Implementing smart waste management system for a sustainable circular economy in the textile industry," International Journal of Production Economics, Elsevier, vol. 262(C).
    19. Hossain, Md. Uzzal & Ng, S. Thomas & Antwi-Afari, Prince & Amor, Ben, 2020. "Circular economy and the construction industry: Existing trends, challenges and prospective framework for sustainable construction," Renewable and Sustainable Energy Reviews, Elsevier, vol. 130(C).
    20. Przemysław Zaleski & Yash Chawla, 2020. "Circular Economy in Poland: Profitability Analysis for Two Methods of Waste Processing in Small Municipalities," Energies, MDPI, vol. 13(19), pages 1-26, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jmathe:v:9:y:2021:i:24:p:3210-:d:700506. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.