Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis Methods
The aim of this study is to evaluate the performance of logistics companies on the Fortune 500 Turkey list using the SWARA-MEREC based CRADIS methods. The weight of criteria was determined by subjective and objective approaches, namely SWARA and MEREC, respectively. The performance of companies was...
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Language: | English |
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2024-12-01
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Series: | Studies in Business and Economics |
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Online Access: | https://doi.org/10.2478/sbe-2024-0051 |
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author | Özekenci Emre Kadir |
author_facet | Özekenci Emre Kadir |
author_sort | Özekenci Emre Kadir |
collection | DOAJ |
description | The aim of this study is to evaluate the performance of logistics companies on the Fortune 500 Turkey list using the SWARA-MEREC based CRADIS methods. The weight of criteria was determined by subjective and objective approaches, namely SWARA and MEREC, respectively. The performance of companies was ranked by the CRADIS method. The findings highlighted that net sales (NS) and export (EXP) were most and least important criteria, respectively. The result of the CRADIS method showed that Netlog, Borusan and Ekol had the highest performance, while Noatum, BDP International and Horoz had the lowest performance in 2022, respectively. The reliability and robustness of the proposed model was tested with sensitivity and comparative analyses. The results of the sensitivity analysis and comparative analysis showed that the proposed model provides consistent results. |
format | Article |
id | doaj-art-e4d822679bb643adb84fef0c43c441ee |
institution | Kabale University |
issn | 2344-5416 |
language | English |
publishDate | 2024-12-01 |
publisher | Sciendo |
record_format | Article |
series | Studies in Business and Economics |
spelling | doaj-art-e4d822679bb643adb84fef0c43c441ee2025-02-02T15:49:07ZengSciendoStudies in Business and Economics2344-54162024-12-0119319121210.2478/sbe-2024-0051Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis MethodsÖzekenci Emre Kadir01Department of International Business Management, Çağ University, TurkeyThe aim of this study is to evaluate the performance of logistics companies on the Fortune 500 Turkey list using the SWARA-MEREC based CRADIS methods. The weight of criteria was determined by subjective and objective approaches, namely SWARA and MEREC, respectively. The performance of companies was ranked by the CRADIS method. The findings highlighted that net sales (NS) and export (EXP) were most and least important criteria, respectively. The result of the CRADIS method showed that Netlog, Borusan and Ekol had the highest performance, while Noatum, BDP International and Horoz had the lowest performance in 2022, respectively. The reliability and robustness of the proposed model was tested with sensitivity and comparative analyses. The results of the sensitivity analysis and comparative analysis showed that the proposed model provides consistent results.https://doi.org/10.2478/sbe-2024-0051logisticsfortune 500 turkeyswaramereccradis |
spellingShingle | Özekenci Emre Kadir Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis Methods Studies in Business and Economics logistics fortune 500 turkey swara merec cradis |
title | Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis Methods |
title_full | Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis Methods |
title_fullStr | Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis Methods |
title_full_unstemmed | Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis Methods |
title_short | Performance Measurement of the Logistics Companies on the Fortune 500 by Swara and Merec-Based Cradis Methods |
title_sort | performance measurement of the logistics companies on the fortune 500 by swara and merec based cradis methods |
topic | logistics fortune 500 turkey swara merec cradis |
url | https://doi.org/10.2478/sbe-2024-0051 |
work_keys_str_mv | AT ozekenciemrekadir performancemeasurementofthelogisticscompaniesonthefortune500byswaraandmerecbasedcradismethods |