Risk Management of Import and Export Products Based on Big Data Analysis: Assessment Model with IndetermSoft Set
Keywords:
Risk Management; Import and Export Products; Big Data Analysis; IndetermSoft SetAbstract
: Risk management in the import and export sector has become increasingly complex
due to globalization, technological advancements, and evolving regulatory landscapes. The
integration of big data analytics into risk evaluation processes has revolutionized the ability to
detect, assess, and mitigate potential threats across international trade operations. This study
explores the application of multi-criteria decision-making methods methodologies for assessing
risks associated with import and export products, focusing on quality compliance, supply chain
vulnerabilities, cybersecurity threats, and regulatory adherence. By leveraging data analytics,
businesses and regulatory bodies can enhance decision-making processes, reduce financial losses,
and maintain high-quality standards in cross-border trade. We use the IndetermSoft set to deal
with indeterminacy in the criteria values. Two MCDM methods are used in this study such as
SWARA method to compute the criteria weights and the COPRAS method to rank the
alternatives.
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