Green Supplier Selection using MCDM: A Comprehensive Review of Recent Studies
DOI:
https://doi.org/10.31181/sems1120241aKeywords:
Supplier Evaluation, MCDM, Sustainable Supply Chain Management, Eco-friendly Procurement, Industry InsightsAbstract
This study provides an extensive analysis of current research on the crucial topic of choosing environmentally friendly suppliers by using multi-criteria decision-making (MCDM) methods. The assessment and choice of environmentally conscious suppliers have become essential in modern business operations due to the growing worries about the environment throughout the world and the necessity of sustainable supply chain management. This study provides an in-depth analysis of a wide range of MCDM techniques used in green supplier selection, highlighting the advantages, disadvantages, and new directions of each approach. Through the synthesis and analysis of the results of multiple recent studies, this review advances our understanding of the changing environment surrounding green supplier selection and offers useful information to practitioners in the field as well as scholars. In the context of green supplier selection, it emphasizes the necessity of a nuanced and context-specific approach to MCDM, eventually developing environmentally conscious and sustainable procurement methods that are in line with the changing demands of today's corporate environment.
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