Abstract
Increasing global competition requires technological innovation with new political, commercial and technical advances empowered by market dynamics. These challenges must be met with appropriate decision-making by manufacturing companies to secure competitive advantage without compromising sustainability. This requires decision-makers to seize opportunities for improving sustainable solutions in strategic and operational activities. Various scientific and case-based methods are applied to measure the performance and sustainability level of manufacturing systems. However, embedding sustainability in decision-making has not been fully realized by academics and practitioners. This paper introduces a modelbased approach for assessing value creation to enhance manufacturing sustainability. The major objective of the approach is to evaluate the strategic alignment and sustainability of the solutions to overcome a challenge related with a product, process or equipment in manufacturing. The approach proposes a framework that transforms customer requirements first into descriptive attributes to assign the value for strategic alignment and later into comprehensive metrics to measure the sustainability value. The approach provides decision-makers with a method of comparing sustainable value addition and strategic alignment when evaluating alternatives. In a case-based application, the production equipment of a service provider is evaluated to select the option that adds the most value, both strategically and sustainably, to meet customer requirements.
Original language | English |
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Pages (from-to) | 106-111 |
Number of pages | 6 |
Journal | Procedia CIRP |
Volume | 17 |
DOIs | |
State | Published - 2014 |
Event | 47th CIRP Conference on Manufacturing Systems, CMS 2014 - Windsor, ON, Canada Duration: Apr 28 2014 → Apr 30 2014 |
Keywords
- Assessment
- Decision-making
- Embedding sustainability into strategic alignment
- Value creation
ASJC Scopus subject areas
- Control and Systems Engineering
- Industrial and Manufacturing Engineering