A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain Resilience

Under uncertain conditions, stronger supply chain resilience can effectively reduce disruption risks and help enterprises achieve their goal of high-quality operations. This paper constructs a resilience evaluation index system for manufacturing enterprises from the perspective of the supply chain a...

Full description

Saved in:
Bibliographic Details
Main Author: Feipeng Huang
Format: Article
Language:English
Published: Wiley 2023-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2023/2812467
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832553065034547200
author Feipeng Huang
author_facet Feipeng Huang
author_sort Feipeng Huang
collection DOAJ
description Under uncertain conditions, stronger supply chain resilience can effectively reduce disruption risks and help enterprises achieve their goal of high-quality operations. This paper constructs a resilience evaluation index system for manufacturing enterprises from the perspective of the supply chain and uses the improved TOPSIS method to quantify the level of resilience. Taking into account that the resilience index is easily affected by nonconventional factors in the real environment, the WAWBO weakening buffer operator and the metabolism idea are introduced to improve the grey prediction method, so as to realize the dynamic prediction of the resilience index. In addition, a supply chain resilience early warning model is constructed by combining it with the quantification method of resilience. Using the data of a Chinese electronics manufacturing enterprise as a case study, the results demonstrate the effectiveness of the proposed resilience quantification method, and the improved grey prediction method has higher prediction accuracy. The study provides a new idea for relevant enterprises to improve the early warning ability of their supply chain, thus promoting the sustainable development of the supply chain.
format Article
id doaj-art-7472bec8eded4d63ac123374a0fa5995
institution Kabale University
issn 1607-887X
language English
publishDate 2023-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-7472bec8eded4d63ac123374a0fa59952025-02-03T05:57:00ZengWileyDiscrete Dynamics in Nature and Society1607-887X2023-01-01202310.1155/2023/2812467A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain ResilienceFeipeng Huang0School of ManagementUnder uncertain conditions, stronger supply chain resilience can effectively reduce disruption risks and help enterprises achieve their goal of high-quality operations. This paper constructs a resilience evaluation index system for manufacturing enterprises from the perspective of the supply chain and uses the improved TOPSIS method to quantify the level of resilience. Taking into account that the resilience index is easily affected by nonconventional factors in the real environment, the WAWBO weakening buffer operator and the metabolism idea are introduced to improve the grey prediction method, so as to realize the dynamic prediction of the resilience index. In addition, a supply chain resilience early warning model is constructed by combining it with the quantification method of resilience. Using the data of a Chinese electronics manufacturing enterprise as a case study, the results demonstrate the effectiveness of the proposed resilience quantification method, and the improved grey prediction method has higher prediction accuracy. The study provides a new idea for relevant enterprises to improve the early warning ability of their supply chain, thus promoting the sustainable development of the supply chain.http://dx.doi.org/10.1155/2023/2812467
spellingShingle Feipeng Huang
A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain Resilience
Discrete Dynamics in Nature and Society
title A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain Resilience
title_full A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain Resilience
title_fullStr A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain Resilience
title_full_unstemmed A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain Resilience
title_short A Novel Improved Grey Incidence Model for Evaluating the Performance of Supply Chain Resilience
title_sort novel improved grey incidence model for evaluating the performance of supply chain resilience
url http://dx.doi.org/10.1155/2023/2812467
work_keys_str_mv AT feipenghuang anovelimprovedgreyincidencemodelforevaluatingtheperformanceofsupplychainresilience
AT feipenghuang novelimprovedgreyincidencemodelforevaluatingtheperformanceofsupplychainresilience