Analytic Network Process (ANP) Method: A Thorough Examination of Uses, Benefits, and Drawbacks

Abstract

These days, there are several uses for multi-criteria decision-making (MCDM) techniques in a variety of fields,
including supply chain, management, and engineering. One of the most popular MCDM techniques is the analytic network
process (ANP) method. An expanded form of the analytic hierarchy process, ANP facilitates interactions and feedback both
within and between clusters, making it a more complete tool for decision-making. The concept, phases in the process,
application areas, benefits, and drawbacks of the ANP approach are all thoroughly reviewed in this study. ANP has been
used to solve a variety of decision-making issues, such as supplier selection, project management, risk assessment, and
product design. The capacity to manage intricate decision-making issues including several criteria, subjective inputs, and
interdependent relationships among criteria is one of ANP's primary advantages. In order to assist researchers and
practitioners in making better judgments while utilizing the ANP method, this study attempts to present a thorough
explanation of the strategy.