Quantifying the Impact of Production Globalization through Application of the Life Cycle Inventory Methodology and Its Influence on Decision Making in Industry

Abstract

Industries are nowadays not only expected to produce goods and provide services, but also to do this sustainably. What qualifies a company as sustainable implies that its activities must be defined according to the social and ecological responsibilities that are meant to protect the society and the environment in which they operate. From now on, it will be necessary to consider and measure the impact of industrial activities on the environment, and to do so, one key parameter is the carbon footprint. This paper demonstrates the utility of the LCI as a tool for immediate application in industries. Its application shall facilitate decision making in industries while choosing amongst different scenarios to industrialize a certain product with the lowest environmental impact possible. To achieve this, the carbon footprint of a given product was calculated by applying the LCI method to several scenarios that differed from each other only in the supply-chain model. As a result of this LCI calculation, the impact of the globalization of a good’s production was quantified not only financially, but also environmentally. Finally, it was concluded that the LCI/LCA methodology can be considered as a fundamental factor in the new decision-making strategy that sustainable companies must implement while deciding on the business and industrial plan for their new products and services.

Decision-Making Approach in Sustainability Assessment in Steel Manufacturing Companies—Systematic Literature Review

“…The utilization of MCDM models in steel manufacturing companies not only provides practical insights and guidance for decision-makers but also contributes to the literature by offering a systematic and comprehensive approach to addressing sustainability challenges. These models enhance our understanding of the complex interplay between decision-making factors and their impact on sustainability outcomes, thereby advancing knowledge in the field and paving the way for more informed and sustainable practices in the steel manufacturing industry [13,43,58,[67][68][69][70].…”

Trajectory Optimization in Terms of Energy and Performance of an Industrial Robot in the Manufacturing Industry

“…For this, they carried out a thorough review of the literature, this being the starting point for numerous investigations. Production processes are important components responsible for the environmental impact [ 40 ], although they are still poorly documented at the environmental level. Shrouf et al [ 41 ] proposed a method to guarantee ecological manufacturing through multi-level awareness.…”