Study on the third party logistics service providers' performance evaluation based on the weighted entropy and analysis process of grey relation

With the development of the third party logistics in China, a kind of effective and practical performance evaluation method is in a great need, which can show the operational situation of the third party logistics service providers scientifically and objectively. This paper analyzes the necessity and principles of establishing the third party logistics service providers' performance evaluation system, constructs a performance evaluation system and puts forward the comprehensive evaluation model of weighted entropy and method of analysis process of grey relation, GRAP to solve this problem. Weights of all the quotas evaluated are derived from the information entropy and the system information is settled and compared quantitatively by analysis process of grey relation in this model to reduce the subjective influence and improve the evaluation precision, which offers a new method for performance evaluation.