A hybrid MCMD integrated borda function and gray rational analysis for 3PLs selection

In this paper, we propose a two-stage method based on Borda function theory (BF) and gray rational analysis (GRA) for logistic outsourcing decision-making. In the first stage, we used the social welfare function theory to select potential providers from 3PLs (third part logistic suppliers) set. Then, modified GRA theory that integrates ANP will be used for final selection, emphasizing the interrelation among criterions, and avoiding the subjective estimation of experts. Experiments are conducted to evaluate the availability of the proposed approach by using a case company, and the result shows that cost reduction may be the most important selection index.