Görçün, Ömer FarukAytekin,A.Görçün,Ö.F.Ecer,F.Pamucar,D.Karamaşa,Ç.2024-10-152024-10-15202320368-492Xhttps://doi.org/10.1108/K-03-2022-0459https://hdl.handle.net/20.500.12469/6542Purpose: The present study aims to provide a practical and robust assessment technique for assessing countries' investability in global supply chains to practitioners. Thus, the proposed approach can help decision-makers evaluate and select appropriate countries in the expansion process of the global supply chains and reduce risks concerning country (market) selection. Design/methodology/approach: The present study proposes a novel decision-making approach, namely the REF-Sort technique. The proposed approach has many valuable contributions to the literature. First, it has an efficient basic algorithm and can be applied to solve highly complicated decision-making problems without requiring advanced mathematical knowledge. Besides, some characteristics differentiate REF-Sort apart from other techniques. REF-Sort employs the value or value range that reflects the most typical characteristic of the relevant class in assignment processes. The reference values in REF-Sort and center profiles are similar in this regard. On the other hand, class references can be defined as ranges in REF-Sort. Secondary values, called successors, can also be employed to assign a value to the appropriate class. REF-Sort can also determine the reference and successor values/ranges independently of the decision matrix. In addition, the proposed model is a maximally stable and consistent decision-making tool, as it is resistant to the rank reversal problem. Findings: The current papers' findings indicate that countries have different features concerning investment. Hence, the current paper pointed out that only 22% of the 95 countries are investable, whereas 19% are risky. Thus, decision-makers should make detailed evaluations using robust, powerful, and practical decision-making tools to make more reasonable and logical decisions concerning country selection. Originality/value: The current paper proposes a novel decision-making approach to evaluate. According to the authors' information, the proposed model has been applied to evaluate investable countries for the global supply chains for the first time. © 2022, Emerald Publishing Limited.eninfo:eu-repo/semantics/closedAccessEnterprise surveyForeign market selectionGlobal supply chainREF-SortSupply chain risksSustainable supply chainForeign market selection of suppliers through a novel REF-Sort techniqueArticle49584992115210.1108/K-03-2022-04592-s2.0-85143291547Q3Q2