Identifying and prioritizing cost reduction solutions in the supply chain by integrating value engineering and gray multi-criteria decision-making

• Published in: Technological and economic development of economy Vol. 26; no. 6; pp. 1311 - 1338
• Main Authors: Heidary Dahooie, Jalil, Hosseini Dehshiri, Seyyed Jalaladdin, Banaitis, Audrius, Binkytė-Vėlienė, Arūnė
• Format: Journal Article
• Language: English
• Published: Vilnius Vilnius Gediminas Technical University 17.11.2020
• Subjects: cost reduction solutions; Decision making; EDAS-Gray; Electric power generation; Multiple criteria decision making; Multiple criterion; supply chain; Supply chains; SWARA-Gray; Value engineering; cost reduction solutions; value engineering; EDAS-Gray; supply chain; SWARA-Gray

Value engineering is an appropriate policy for creating and improving value, which reduces unnecessary costs and maintains core functionality. Despite the mentioned benefits, this approach has so far received little attention in the area of supply chain management. Although this approach is highly s...