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The evaluation of the performance of logistics companies with a hybrid MCDM model
2023
Journal:  
Business & Management Studies: An International Journal
Author:  
Abstract:

The logistics sector plays a very significant role in today's global business environment owing to the significance of cost and time for achieving supply chains. The performance evaluation process for developing logistics enterprises is an essential element of the logistics management structure and an important basis for enterprises to evaluate their economic benefits further. Formulating a scientific and effective basic performance measurement system is a complex problem. This study aims to evaluate the performance of the logistics enterprises in the “Fortune 500 Turkey” website for 2021 by integrating MCDM methods. SV, MEREC, CRITIC and LOPCOW methods were applied to determine the objective weights of the criteria. The alternatives were ranked using the MACONT method based on the determined objective criteria weights. According to the study results, the logistics company with the best performance was Lİ7, and the logistics company with the lowest was Lİ3.

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2023
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