Professor Guide Lecture Flashcards
Volkswagen Diesel Scandal
Made diesel cars seem like they weren’t polluting environment
Topic of Professor Guide’s Lecture
Sustainability and Closed Loop Supply Chains: A business perspective
Four Environmental Impacts of Industry
Climate Change
Exponential Amounts of E- Waste
Increasing Number of Products with Short Lifecycles
Increasing awareness of the impact of industrial activities
Climate Change
Our industrial activities are changing our planet
Exponential Amounts of E- Waste
Smart Phones, Telecom Equipment, Computers, Printers, Network Equipment
Increasing Number of Products with Short Lifecycles
Smart Phones, tablets, PCs, printers
Increasing awareness of the impact of industrial activities
Outsourcing to China
HP vs Dell computer recycling
What is the problem to solve with sustainability
designing industrial systems that are economically and environmentally sustainable (to create value - PROFIT)
Which energy source is always preferred
Alternative energy sources but they can’t produce on demand
3R’s to Sustainability
Reduce (New Reg. Pressures)
Reuse (?)
Recycle (Reg. Pressures)
Reduce Components (under product design)
Pollution Prevention Materials Lean Production Energy Carbon Footprint
Reuse Components (under product design)
Servicize
Repair
Remanufacture
Materials Choice
Recycle Components (under product design)
Design for Environment
Materials Choice
Cost Benefits
Spare Part Recovery
Four Categories of A Business View of Sustainability
Fundamentals
Eco-efficiency (life cycle)
Product stewardship
Sustainability Strategy
Closed loop supply chains consist of
the primary supply chain