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Journals / Journal of Transportation and Logistics / 2024 / Volume: 9 Issue: 2

Smart and Sustainable Supplier Balanced Scorecard: A Novel Hybrid Best-Worst-Based Method

Turan Paksoy(NECMETTIN ERBAKAN UNIVERSITY, FACULTY OF ENGINEERING-ARCHITECTURE, DEPARTMENT OF INDUSTRIAL ENGINEERING)0000-0001-8051-8560
Sercan Demir(Northumbria University, Newcastle Business School, Department of Marketing, Operations and Systems)0000-0003-0764-9083
Mehmet Akif Gündüz(NECMETTIN ERBAKAN UNIVERSITY, FACULTY OF APPLIED SCIENCES, DEPARTMENT OF INTERNATIONAL TRADE)0000-0002-3884-1409
Pages
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Publication Date
2024-11-19
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Finally, we discuss the potential benefits and managerial implications of the smart and sustainable supplier scorecard.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study’s novel smart and sustainable supplier scorecard is based on the best-worst method-enhanced balanced scorecard approach for supplier assessment and monitoring.
📊
Key Findings & Data:The proposed smart and sustainable supplier scorecard evaluates suppliers in six dimensions: performance, quality management, risk analysis, environmental management, smartness, and legitimacy.
💡
Conclusion & Impact:Finally, we discuss the potential benefits and managerial implications of the smart and sustainable supplier scorecard.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Supplier assessment · Supplier monitoring · Risk management

Abstract

This study’s novel smart and sustainable supplier scorecard is based on the best-worst method-enhanced balanced scorecard approach for supplier assessment and monitoring. The proposed smart and sustainable supplier scorecard evaluates suppliers in six dimensions: performance, quality management, risk analysis, environmental management, smartness, and legitimacy. Quantitative indicators and metrics calculate each dimension. The smart and sustainable supplier scorecard is designed for businesses to assess and monitor their suppliers’ performance regarding digitization and sustainability and evaluate strategies and initiatives that meet their objectives and targets. Furthermore, we present a case study showing the applicability of the smart and sustainable supplier scorecard. The proposed approach will give organizations a holistic view of their suppliers, allowing them to achieve digitization and sustainability goals. Finally, we discuss the potential benefits and managerial implications of the smart and sustainable supplier scorecard.

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Cite This Article

Paksoy, T., Demir, S., Gündüz, M. A. (2024). Smart and Sustainable Supplier Balanced Scorecard: A Novel Hybrid Best-Worst-Based Method. Journal of Transportation and Logistics, Volume: 9 Issue: 2. https://doi.org/10.26650/JTL.2024.1432989

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