Complex investment decisions using rough set and fuzzy c-means: An example of investment in green supply chains

European Journal of Operational Research

Volumn 248, Issue 2, 2016, Pages 507-521

  Bai, Chunguang ^a   Dhavale, Dileep ^b   Sarkis, Joseph ^c  

^a DONGBEI UNIVERSITY OF FINANCE AND ECONOMICS   (China)

^b CLARK UNIVERSITY   (United States)

^c WORCESTER POLYTECHNIC INSTITUTE   (United States)

Author keywords

Fuzzy clustering means; Green supplier development; Investment management; Large data sets; Rough set theory

Indexed keywords

CHAINS; ENVIRONMENTAL MANAGEMENT; FUZZY CLUSTERING; INVESTMENTS; SUPPLY CHAINS; SUSTAINABLE DEVELOPMENT;

COMPLEX ENVIRONMENTS; ENVIRONMENTAL PERFORMANCE; FUZZY CLUSTERING MEANS; GREEN SUPPLIER; INVESTMENT MANAGEMENT; LARGE DATASETS; SUPPLIER DEVELOPMENT; SUSTAINABILITY CONSIDERATIONS;

ROUGH SET THEORY;

EID: 84942293882     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2015.07.059     Document Type: Article

References (56)

1. Ahi P., Searcy C. A comparative literature analysis of definitions for green and sustainable supply chain management Journal of Cleaner Production 52 2013 329 341
2. Bai C., Sarkis J. Integrating sustainability into supplier selection with grey system and rough set methodologies International Journal of Production Economics 124 1 2010 252 264
3. Bai C., Sarkis J. Green supplier development: analytical evaluation using rough set theory Journal of Cleaner Production 18 12 2010 1200 1210
4. Bai C.A., Sarkis J. Determining and applying sustainable supplier key performance indicators Supply Chain Management: An International Journal 19 3 2014 5-5
5. Bai C., Dhavale D., Sarkis J. Integrating fuzzy C-means and TOPSIS for performance evaluation: an application and comparative analysis Expert Systems with Applications 41 9 2014 4186 4196
6. Bai C., Sarkis J., Wei X., Koh L. Evaluating ecological sustainable performance measures for supply chain management Supply Chain Management: An International Journal 17 1 2012 78 92
7. BaşkIr M.B., Türkşen I.B. Enhanced fuzzy clustering algorithm and cluster validity index for human perception Expert Systems with Applications 40 3 2013 929 937
8. Bezdek J.C. Pattern Recognition with Fuzzy Objective Function Algorithms 1981 Plenum Press New York
9. Blome C., Hollos D., Paulraj A. Green procurement and green supplier development: antecedents and effects on supplier performance International Journal of Production Research 52 1 2014 32 49
10. Brandenburg M., Govindan K., Sarkis J., Seuring S. Quantitative models for sustainable supply chain management: developments and directions European Journal of Operational Research 233 2 2014 299 312
11. Buysse K., Verbeke A. Proactive environmental strategies: a stakeholder management perspective Strategic Management Journal 24 5 2003 453 470
12. Damaskopoulos T., Vitkauskaite E., Gatautis R. Extended and dynamic clustering of SMEs Engineering Economics 1 56 2008 11 21
13. Dou Y., Zhu Q., Sarkis J. Evaluating green supplier development programs with a grey-analytical network process-based methodology European Journal of Operational Research 233 2 2014 420 431
14. Dunn S.C., Young R.R. Supplier assistance within supplier development initiatives Journal of Supply Chain Management 40 2 2004 19 29
15. Genovese A., Lenny Koh S.C., Bruno G., Esposito E. Greener supplier selection: state of the art and some empirical evidence International Journal of Production Research 51 10 2013 2868 2886
16. Ghorbani M. Maximum entropy-based fuzzy clustering by using L 1-norm space Turkish Journal of Mathematics 29 4 2005 431 438
17. Govindan K., Rajendran S., Sarkis J., Murugesan P. Multi criteria decision making approaches for green supplier evaluation and selection: a literature review Journal of Cleaner Production 98 1 2013 66 83
18. Govindan K., Sarkis J., Jabbour C.J.C., Zhu Q., Geng Y. Eco-efficiency based green supply chain management: current status and opportunities European Journal of Operational Research 2 233 2014 293 298
19. Grimm J.H., Hofstetter J.S., Sarkis J. Critical factors for sub-supplier management: a sustainable food supply chains perspective International Journal of Production Economics 152 2014 159 173
20. Gumilar V., Zarnić R., Selih J. Increasing competitiveness of the construction sector by adopting innovative clustering Engineering Economics 22 1 2011 41 49
21. Handfield R.B., Wieland A. 2013/2014 SCM research survey: initial results 2014 Copenhagen Business School Denmark
22. Hartigan J.A. Clustering algorithms 1975 John Wiley & Sons, Inc
23. Hu Q., Xie Z., Yu D. Hybrid attribute reduction based on a novel fuzzy-rough model and information granulation Pattern recognition 40 12 2007 3509 3521
24. Humphreys P.K., Wong Y.K., Chan F.T. S. Integrating environmental criteria into the supplier selection process Journal of Materials Processing Technology 138 1 2003 349 356
25. Humphreys P.K., Li W.L., Chan L.Y. The impact of supplier development on buyer-supplier performance Omega 32 2 2004 131 143
26. Igarashi M., de Boer L., Fet A.M. What is required for greener supplier selection? A literature review and conceptual model development Journal of Purchasing and Supply Management 19 4 2013 247 263
27. Izakian H., Abraham A. Fuzzy C-means and fuzzy swarm for fuzzy clustering problem Expert Systems with Applications 38 3 2011 1835 1838
28. Kiron D., Kruschwitz N., Haanaes K., Reeves M., Fuisz-Kehrbach S-K., Kell G. Joining forces: collaboration and leadership for sustainability MIT Sloan Management Review. 2015 Retrieved 1 June, 2015, http://sloanreview.mit.edu/projects/joining-forces/
29. Jabbour A.B. L., Jabbour C.J. C. Are supplier selection criteria going green? Case studies of companies in Brazil Industrial Management & Data Systems 109 4 2009 477 495
30. Kannan D., Jabbour A.B. L., Jabbour C.J. C. Selecting green suppliers based on GSCM practices: using fuzzy TOPSIS applied to a Brazilian electronics company European Journal of Operational Research 233 2 2014 432 447
31. Krause D.R., Handfield R.B., Tyler B.B. The relationships between supplier development, commitment, social capital accumulation and performance improvement Journal of Operations Management 25 2 2007 528 545
32. Lee D., Bony L.J. Cradle-to-cradle design at Herman Miller: moving toward environmental sustainability Harvard Business School Case, 607-003 2008 Cambridge, MA
33. Liang J., Chin K.S., Dang C., Yam R.C. A new method for measuring uncertainty and fuzziness in rough set theory International Journal of General Systems 31 4 2002 331 342
34. Narasimhan R., Kim S.W., Tan K.C. An empirical investigation of supply chain strategy typologies and relationships to performance International Journal of Production Research 46 18 2008 5231 5259
35. Pawlak Z. Rough sets International Journal of Computer & Information Sciences 11 5 1982 341 356
36. Pawlak Z. Imprecise categories, approximations and rough sets 1991 Springer Netherlands 9 32
37. Sarkis J. Supply chain management and environmentally conscious design and manufacturing International Journal of Environmentally Conscious Design and Manufacturing 4 2 1995 43 52
38. Sarkis J. A strategic decision framework for green supply chain management Journal of cleaner production 11 4 2003 397 409
39. Sarkis J., Talluri S. A model for strategic supplier selection Journal of supply chain management 38 4 2002 18 28
40. Sarkis J., Zhu Q., Lai K.H. An organizational theoretic review of green supply chain management literature International Journal of Production Economics 130 1 2011 1 15
41. Seuring S. A review of modeling approaches for sustainable supply chain management Decision Support Systems 54 4 2013 1513 1520
42. Seuring S., Müller M. Core issues in sustainable supply chain management - A Delphi study Business Strategy and the Environment 17 8 2008 455 466
43. Seuring S., Müller M. From a literature review to a conceptual framework for sustainable supply chain management Journal of cleaner production 16 15 2008 1699 1710
44. Simatupang T.M., Sridharan R. A benchmarking scheme for supply chain collaboration Benchmarking: An International Journal 11 1 2004 9 30
45. Simpson D.F., Power D.J. Use the supply relationship to develop lean and green suppliers Supply Chain Management: An International Journal 10 1 2005 60 68
46. Sucky E., Durst S.M. Supplier development: current status of empirical research International Journal of Procurement Management 6 1 2013 92 127
47. Tan K.S., Isa N.A. M. Color image segmentation using histogram thresholding-fuzzy C-means hybrid approach Pattern Recognition 44 1 2011 1 15
48. Türkşen I.B. An ontological and epistemological perspective of fuzzy set theory 2006 Elsevier Science and Technology Books Netherlands
49. United Nations Global Compact (2013)., "The UN Global Compact-Accenture CEO Study on Sustainability 2013," http://www.unglobalcompact.org/docs/news-events/ 8.1/UNGC-Accenture-CEO-Study-2013.pdf (last Accessed May 2014).
50. Vachon S., Klassen R.D. Extending green practices across the supply chain: the impact of upstream and downstream integration International Journal of Operations & Production Management 26 7 2006 795 821
51. Varsei M., Soosay C.A., Fahimnia B., Sarkis J. Framing sustainability performance of supply chains with multidimensional indicators Supply Chain Management: An International Journal 19 3 2014 3-3
52. Wagner S.M. Supplier development and the relationship life-cycle International Journal of Production Economics 129 2 2011 277 283
53. Wu T., Jim Wu Y.C., Chen Y.J., Goh M. Aligning supply chain strategy with corporate environmental strategy: a contingency approach International Journal of Production Economics 147 2014 220 229
54. Yao Y. The superiority of three-way decisions in probabilistic rough set models Information Sciences 181 6 2011 1080 1096
55. Yao Y., Zhao Y. Attribute reduction in decision-theoretic rough set models Information sciences 178 17 2008 3356 3373
56. Zadeh L.A. Fuzzy sets Information and control 8 3 1965 338 353