Using improved CRITIC method to evaluate thermal coal suppliers

Nowadays the complex international political situation has caused the shortage of coal supply in the European region. Scholars have done a lot of research on supplier evaluation. However, these studies don’t reflect the variability of the indicators, such as interruption caused by recent war. Coal-e...

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Bibliographic Details
Published in:Scientific reports 2023-01, Vol.13 (1), p.195-195, Article 195
Main Authors: Zhong, Shuheng, Chen, Yiyu, Miao, Yinjun
Format: Article
Language:English
Subjects:
639/166/4073
639/4077/4082
Coal
Coal mining
Coal-fired power plants
Electricity
Humanities and Social Sciences
Information technology
multidisciplinary
Science
Science (multidisciplinary)
Suppliers
Supply chain management
Vertical integration
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Summary:Nowadays the complex international political situation has caused the shortage of coal supply in the European region. Scholars have done a lot of research on supplier evaluation. However, these studies don’t reflect the variability of the indicators, such as interruption caused by recent war. Coal-electricity-integrated companies have a large demand for thermal coal and high requirements for stable supply, so they need to conduct timely and effective short-term evaluation of suppliers. This paper improves the CRITIC method and uses short-term transaction data for a coal-electricity-integrated firm to evaluate its coal suppliers. The results show that the improved CRITIC method effectively avoids the problem of weight changes caused by conflicting value ranges of indicators, and its evaluation results are more consistent with the actual situation, which can meet the requirements of large coal enterprises for evaluating suppliers.
ISSN:2045-2322
2045-2322
DOI:10.1038/s41598-023-27495-6