It’s amazing how supply chain risk papers appear in the unlikeliest of places, and today I discovered a paper from Iran by Ali Shemshadi, Mehran Toreihi, Hossein Shirazi, Mohammad Jafar Tarokh. It bears the title Supplier selection based on supplier risk: An ANP and fuzzy TOPSIS approach and is published in the Journal of Mathematics and Computer Science, not the obvious place where one would go to looking for a paper on supply chain risk. It is a highly quantitative paper, yet it seems to be very applicable in practice. The paper proposes a hybrid MCDM method based on  ANP and Fuzzy TOPSIS to enhance previous solutions for the problem of selecting the best supplier from a set of potential alternatives based on a set of risk factors. That is an approach I haven’t seen before.

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