Leveraging Green IT Innovations and Eco-efficient Manufacturing for Sustainable Supply Chain Optimization
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Leveraging Green IT Innovations and Eco-efficient Manufacturing for Sustainable Supply Chain Optimization
Authors:
Viraj P. Tathavadekar 1and Dr. Nitin R. Mahankale 2
1 Research Scholar, Symbiosis International University, Pune
2 Associate Professor, Symbiosis Centre for Management Studies, Pune, Symbiosis International University
Abstract: This paper focuses on the integration of Green IT innovations and eco-efficient manufacturing practices in optimizing sustainable supply chains. The emphasis is on the synergistic effect of Lean-Green strategies, which streamlines operations and minimizes environmental impacts. Combining Lean principles, such as waste reduction and efficiency improvements, with Environmental designed Industry 4.0 technologies promotes circular economy strategies and interminable product evolution. This research further explores the additive manufacturing throughout the chain of supply towards cost minimization, waste in production, and emissions. The developed bi-objective optimization model reveals the balance which the environmental sustainability needs to take relative to the economic performance. This study also identifies the emergence of eco-efficiency programs and further establishes the integration of maintenance processes in the operation of a lean supply chain. This study underlines the fact that a holistic approach should consider a combination of technological innovation and strategic decision-making to enhance resource efficiency and sustainability in supply chains. It is also valuable to organizations that will be implementing sustainable, eco-efficient practices in their operations.
Keywords: Green Innovation, Industry 4.0, lean supply chain, sustainable supply chains management (SSCM), Circular economy, Economic Design for Growth and Efficiency (EDGC)
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