The Use of Grey Systems Theory Methods in Management Sciences in Literature Research

The chapter focusses on the application and integration of grey systems theory in management sciences, discussing its diverse applications in logistics, business processes, production management, and strategic decisions. It outlines how grey systems theory offers a useful alternative to traditional statistical methods, particularly in situations where data are incomplete or uncertain. The chapter details the systematic review process used to collate and analyse relevant literature, highlighting the efficacy of grey systems theory in addressing complex management problems. Additionally, it examines the thematic areas where Grey Systems Theory is most applicable, identifying key sectors like logistics and supply chain management as primary beneficiaries. The text further explores the rationale behind using grey systems theory, emphasising its adaptability and ease of application for transforming qualitative assessments into quantifiable data.