Have a personal or library account? Click to login
Development and Practical Application of Hybrid Decision-Making Model for Selection of Third-Party Logistics Service Providers Cover

Development and Practical Application of Hybrid Decision-Making Model for Selection of Third-Party Logistics Service Providers

Open Access
|Nov 2023

Abstract

In this study a problematic of logistics service provider selection is discussed. Traditional decision-making techniques are functionally limited and must be adjusted. Modern approach must be based on contemporary tools and information. The aim of this study is to develop a modern, industry-oriented decision-making model for selection of strategic logistics service providers. Main tasks of this study include: to perform critical analysis and comparison of multiple-criteria decision-making methods; to adapt decision-making framework for specific needs of selection of third-party logistics service providers; to collect and analyze industry data related to procurement projects; to develop modern decision-making model for selection of logistics service providers; to perform practical application of developed decision-making model based on collected industry data. The key novelties of this study are developed methodology for collection of industry data for decision-making process, developed hybrid decision-making model for selection of third-party logistics service provider, as well as application of the model. As the result, there is developed decision-making model for selection of 3PL service providers that includes 6 steps.

DOI: https://doi.org/10.2478/ttj-2023-0035 | Journal eISSN: 1407-6179 | Journal ISSN: 1407-6160
Language: English
Page range: 443 - 458
Published on: Nov 17, 2023
Published by: Transport and Telecommunication Institute
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2023 Aleksandrs Kotlars, Valerijs Skribans, published by Transport and Telecommunication Institute
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.