Quantitative Modeling to Assess Total Life-Cycle Risk Implications Across the Supply Chain for Sustainable Manufacturing Decision Making

Globalization of supply chains increasingly exposes organizations to unforeseen events, underscoring the need for better risk modeling tools. While promoting sustainable manufacturing requires exploring the use of new materials, technologies and partners, these can also be sources of potential risk exposure in supply chains. When such changes are introduced, it is imperative that relevant risks are assessed from a total life-cycle perspective, from pre-manufacturing to post-use. For example, using carbon composites instead of titanium is advantageous due, particularly to, the energy efficiencies possible. However, future outlook for carbon composite recycling or take-back legislations is uncertain, and the potential impact of new legislation is unclear. Strategic sustainable manufacturing decisions must be evaluated for potential long-term risks such decisions can bring about for the company as well as the supply chain. This presentation will share quantitative, total life-cycle risk models to evaluate sustainable manufacturing decisions and its application to a case study.