Search

Abstract: For manufacturing industries, financial performance evaluation is very important in a highly competitive environment. Therefore, an accurate and appropriate performance evaluation is critical. As financial performance indicators reflect the competitiveness of a company, they must be carefully identified in the evaluation process. Generally, traditional accounting-based financial performance (AFP) measures are used for performance evaluation. However, these measures are not sufficient for performance evaluation solely in the modern industry time. So, value-based financial performance (VFP) measures have recently been introduced to express the company value. In this paper, we propose a new financial performance evaluation approach to rank the companies of each sector in the Turkish manufacturing industry. For this purpose, a hierarchical financial performance evaluation model is structured based on the AFP and VFP main-criteria and their sub-criteria. We use fuzzy analytic hierarchy process (FAHP) to determine the weights of the criteria. The companies are ranked according to their own manufacturing sector by using TOPSIS and VIKOR comparatively. The results show that the obtained ranks of the companies by these methods are almost same with respect to their own sectors. [Copyright &y& Elsevier]

Abstract: Outsourcing refers to a company that contracts with another company to provide services that might otherwise be performed by in-house employees. Information system (IS) outsourcing policies define the criteria that organizations utilize to decide upon the scope and degree of reliance of their IS capabilities upon external sources. IS outsourcing is an innovative organizational tool for IS management in both private and public sector organizations. In this paper, an interactive group decision-making methodology is proposed to select/rank IS providers under multiple criteria. A measure for the consensus level of the group preferences is developed to satisfy an acceptable level of group agreement and reliability. The Spearman coefficients for both the aggregated rank order and each DM''s rank order have also been calculated. The group and the individual evaluations are gathered through a fuzzy TOPSIS approach. The proposed methodology is applied in the largest office furniture manufacturer in Konya-Turkey. Eight alternative IS providers are evaluated based on seven criteria by five decision makers. Sensitivity analyses are also provided to see the effects of parameter changes on the final decision. [Copyright &y& Elsevier]

Facility location selection is a multi-criteria decision problem and has a strategic importance for many companies. The conventional methods for facility location selection are inadequate for dealing with the imprecise or vague nature of linguistic assessment. To overcome this difficulty, fuzzy multi-criteria decision-making methods are proposed. The aim of this study is to use fuzzy analytic hierarchy process (AHP) and the fuzzy technique for order preference by similarity to ideal solution (TOPSIS) methods for the selection of facility location. The proposed methods have been applied to a facility location selection problem of a textile company in Turkey. After determining the criteria that affect the facility location decisions, fuzzy AHP and fuzzy TOPSIS methods are applied to the problem and results are presented. The similarities and differences of two methods are also discussed. [ABSTRACT FROM AUTHOR]