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Application of the FUCOM and MARCOS Methods for Selecting Logistics Service Providers

Authors: Blagojević, Marko; Blagojević, Dimitrije; Danilevičius, Algimantas; Krmac, Evelin; Biancardo, Salvatore Antonio;

Application of the FUCOM and MARCOS Methods for Selecting Logistics Service Providers

Abstract

Selecting an optimal logistics service provider is a complex multi-criteria decision-making problem that directly affects a company’s competitiveness. This paper proposes a hybrid MCDM model that integrates the Full Consistency Method (FUCOM) and Measurement Alternatives and Ranking according to Compromise Solution (MARCOS) methods. FUCOM was used to determine the weight coefficients of seven criteria, while MARCOS was applied to rank ten potential logistics providers in the market of Bosnia and Herzegovina. The case study was conducted for the company Hygiene Pro Team from Banja Luka. The results showed that provider P9 represents the most favorable solution, which was confirmed by an extensive sensitivity analysis that verified the stability of the model. The proposed FUCOM–MARCOS model provides a robust framework for strategic decision-making in logistics.

Countries
Slovenia, Italy, Italy
Keywords

outsourcing, ponudniki logističnih storitev, MARCOS, zunanje izvajanje storitev, Logistics provider, Outsourcing, FUCOM, MARCOS, Logistics provider, FUCOM, logistics provider, info:eu-repo/classification/udc/658.5:519.8, Outsourcing

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
Green