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SUPPLIER SELECTION UNDER CIRCULAR ECONOMY: AN INTEGRATED ENTROPY-EDAS METHOD

  • Gupta Srikant
  • , Varshney Niharika
  • , Ahmed Aquil
  • , Chatterjee Prasenjit
  • , Kadry Seifedine
  • Jaipuria Institute of Management,Jaipur campus
  • Aligarh Muslim University
  • Noroff University College

Research output: Contribution to journalArticlepeer-review

2 Scopus citations

Abstract

The concept of circular economy (CE) is gaining attention from businesses and government agencies as a crucial approach to combat climate change. With increasing consumer concern for environmental and social issues, there is a growing emphasis on supporting sustainable and circular supply chains. The selection of appropriate suppliers is recognized as pivotal for achieving efficiency and profitability within a circular supply chain. This study conducts a thorough literature review to identify 16 supplier selection criteria, focusing on their suitability in CE framework. Criteria weights are determined using Entropy method, while Evaluation based on Distance from Average Solution (EDAS) method has been applied to identify the most suitable supplier. The results identified "Financial capability," "The technology required to supplement reverse logistics," and "Re-Use, Re-Manufacturing, Refurbishment" as the most predominant criteria. "Financial capability" drives circular investment, enhancing resource efficiency. "Technology for reverse logistics" optimizes material flow, reducing resource depletion. Practices like "Re-Use, Re-Manufacturing, Refurbishment" extend product lifecycles, curbing environmental impact. Using the EDAS method, Supplier 5 emerges as the top choice, reinforcing sustainable supply chain decisions. This promotes CE principles and aligns sustainable development goals, aiding managers in policy-making and prioritizing supplier criteria.

Original languageEnglish
Pages (from-to)283-311
Number of pages29
JournalYugoslav Journal of Operations Research
Volume35
Issue number2
DOIs
StatePublished - 2025
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 4 - Quality Education
    SDG 4 Quality Education
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth
  3. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure
  4. SDG 12 - Responsible Consumption and Production
    SDG 12 Responsible Consumption and Production
  5. SDG 13 - Climate Action
    SDG 13 Climate Action
  6. SDG 17 - Partnerships for the Goals
    SDG 17 Partnerships for the Goals

Keywords

  • Circular economy
  • EDAS
  • MCDM
  • entropy weight
  • supplier selection

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