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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Main Author: Özekenci Emre Kadir
Format: Article
Language:English
Published: Sciendo 2024-12-01
Series:Studies in Business and Economics
Subjects:
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.
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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