Risk analysis in textile industries using AHP-TOPSIS

Sankaranarayanan, Bathrinath; Bhalaji, R. K. A.; Saravanasankar, S.

doi:10.1016/j.matpr.2020.04.722

Cited by 48 publications

(32 citation statements)

References 23 publications

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“…The TOPSIS method can be applied with different evaluation criteria and is frequently used in practice. At this point, when the literature is examined, it is seen that the TOPSIS method is used in many areas such as the automotive sector ( Sadeghzadeh and Salehi, 2011 ), tourism (Hashemabad and Razmi 2014), textiles ( Bathrinath et al, 2020 ), banking (Chmielarz and Zborowsk 2018), the health sector ( Barrios et al, 2016 ), and the education sector ( Jati, 2012 ).…”

Section: Methodologiesmentioning

confidence: 99%

Comparative analysis of TOPSIS, VIKOR and COPRAS methods for the COVID-19 Regional Safety Assessment

Hezer

Gelmez

Özceylan

2021

Journal of Infection and Public Health

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COVID-19, which emerged in December 2019, has affected the entire world. Therefore, COVID-19 has been a subject of research in various disciplines, especially in the field of health. One of these studies was the report made by the Deep Knowledge Group (DKG) consortium in which safe regions for COVID-19 were determined. In the report, the main criteria of quarantine efficiency, government efficiency of risk management, monitoring and detection, health readiness, regional resilience, and emergency preparedness are used in the evaluation of countries and regions (alternatives). As the data and research structure used in this report are based on multi-criteria, the purpose of this study is to evaluate and analyse the safety levels of 100 regions in the world in terms of COVID-19 using Technique for Order Performance by Similarity to Ideal Solution (TOPSIS), Vise Kriterijumsa Optimizacija I Kompromisno Resenje (VIKOR) and Complex Proportional Assessment (COPRAS) methods. The data and information required in the methods were obtained from a report prepared by the DKG. The results of the methods were compared with the ranking results presented in a report of the DKG. Accordingly, it has been observed that the method that provides the closest results to the results of the report is the COPRAS method, and the method that gives the most distant results is the VIKOR method.

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Section: Methodologiesmentioning

confidence: 99%

Comparative analysis of TOPSIS, VIKOR and COPRAS methods for the COVID-19 Regional Safety Assessment

Hezer

Gelmez

Özceylan

2021

Journal of Infection and Public Health

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“…With analysis of scenario wizard software, five scenarios with high consistency presented and then with regard to expert’s viewpoints, two effective key factors including economic sanctions and monetary and financial policies that have high uncertainty and high importance, identified as pivots of writing future scenarios and then four scenarios for future of investing and financing in railway transportation industry presented. Bathrinath et al (2020) recognized and examined the possible risks that create accidents and critical alternate in the textile industry. This work has been performed in one of the leading textile industries in southern Tamilnadu, India.…”

Section: Literature Reviewmentioning

confidence: 99%

Future study of textile industry in Iran using the MICMAC and soft operational research methods

Fathi

Sobhani

Maleki

et al. 2021

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Purpose This study aims to formulate exploratory scenarios of the textile industry in Iran based on MICMAC and soft operational research methods. Design/methodology/approach In this study, to formulate plausible scenarios, literature reviews and external experts’ opinions of this field have been gathered through the Delphi approach and uncertainty questionnaires. After the utilization of the most important uncertainties, the textile industry’s plausible scenarios have been mapped with the help of experts through co-thinking workshops. Results show that two factors, including the business atmosphere and membership in World Trade Organization (WTO), play a more important role than the other factors. These two factors were considered for the formulation of the scenario. To formulate plausible scenarios, soft systems methodology, which is a kind of soft operational research methods, is applied. Findings Based on the results, four scenarios are presented. These scenarios include the Elysium scenario, Hades scenario, Tatarus scenario and Sisyphus scenario. In the Elysium scenario, the business atmosphere has improved and Iran has been granted membership of the WTO. In Hades scenario, Iran has joined the WTO, but due to the government’s weakness and inactivity and key decision-makers, the required preparations have not been made. In the Tatarus scenario, Iran is not a WTO member and the business atmosphere is disastrous. In the Sisyphus scenario, the government takes reasonable actions toward a better business environment. Originality/value Formulating plausible scenarios of the textile industry is an excellent contribution to the key beneficiaries and actors of this industry so they can present flexible preparation-based programs in the face of circumstances. Future study of the textile industry familiarizes the actors and beneficiaries of this industry with the procedures and the driving forces that influence this industry’s future and it will ascertain various scenarios for the actors of this field.

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“…The advantage of the method is the ability to reasonably compare heterogeneous factors. The AHP is widely used in practice and is actively developed by scientists around the world, for example, for risk evaluation [52][53][54], for evaluation of sustainable development of territories, cities, and industry [55][56][57][58]. The method has also found wide application in solving problems of analysis and evaluation of relationships in biological ecosystems [59][60][61].…”

Section: Literature Reviewmentioning

confidence: 99%

Elaboration of a Mechanism for Sustainable Enterprise Development in Innovation Ecosystems

Tolstykh

Gamidullaeva

Shmeleva

2020

Journal of Open Innovation: Technology, Market, and Complexity

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This paper highlights a sustainability and self-organization perspective of the innovation ecosystems. Such issues as under what conditions self-organization takes place and what mechanisms form an innovation ecosystem in a sustainable way are underexplored in the academic literature. To ensure self-development of actors in the ecosystem, a self-adjustment mechanism is needed that allows implementation of sustainability principles. This article proposes a practical tool for assessing an actor in an ecosystem using the method of analytic hierarchy process (AHP), developed by T. Saaty. It allows for operationalizing the processes of self-organization in the ecosystem without an external intervention and addresses the main implications for sustainable development of innovation industrial ecosystems. The authors illustrate their assumptions with an empirical case study of the industrial ecosystem “Technologies for Improving the Quality of Life” (Moscow, Russia). The propositions arising from this analysis provide information to help academics, policymakers, government, and individual enterprises with a more adequate understanding of the practical mechanisms and tools that help trigger self-organization and sustainable development of the innovation ecosystems.

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Risk analysis in textile industries using AHP-TOPSIS

Cited by 48 publications

References 23 publications

Comparative analysis of TOPSIS, VIKOR and COPRAS methods for the COVID-19 Regional Safety Assessment

Comparative analysis of TOPSIS, VIKOR and COPRAS methods for the COVID-19 Regional Safety Assessment

Future study of textile industry in Iran using the MICMAC and soft operational research methods

Elaboration of a Mechanism for Sustainable Enterprise Development in Innovation Ecosystems

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