Multicriteria 3PL Selection with Risk Considerations

Abstract

Supplier selection is a critical activity for organizations, because it directly affects their performance and affects the productivity and competitiveness of the firm. It has been widely accepted in academic literature that this problem has a clear strategic nature multi definition. Third Party Logistics Providers (3PL) have been widely promoted by the phenomenon of outsourcing, on which companies increasingly rely. On the other hand, risk management in supply chains (SCRM, Supply Chain Risk Management) is one of the issues that are gaining more strength today. We propose a multicriteria approach using fuzzy analytic Hierarchy Process with TOPSIS for the 3PL supplier selection with risk considerations. The model was validated for a real case in Colombia.