monetization

Solutions to increase the efficiency of industrial supply chains, such as vendor managed inventory or Kanban, are not new. But thanks to technologies such as the 0G network from Sigfox and blockchains, it is becoming ever easier to digitize these strategies and to add automatic delivery confirmations, invoicing and collection in one go. The cost of immutable digital twins is becoming more and more affordable.

External stakeholders’ requirements towards the environmental performance of manufacturing companies have increased the importance of eco-efficient process design. A key prerequisite to select and implement appropriate improvement measures is an integrated environmental and economic performance (eco-efficiency) assessment. This paper presents three approaches to estimate the associated costs of the environmental impact caused by internal processes and therefore provides decision support for eco-efficiency improvements in the domain of manufacturing.