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Value and Wastes in Manufacturing. An Overview and a New Perspective Based on Eco-Efficiency

Author

Listed:
  • Alberto Simboli

    (Department of Economic Studies, University G. d'Annunzio, V.le Pindaro 42, Pescara 65127, Italy)

  • Raffaella Taddeo

    (Department of Economic Studies, University G. d'Annunzio, V.le Pindaro 42, Pescara 65127, Italy)

  • Anna Morgante

    (Department of Economic Studies, University G. d'Annunzio, V.le Pindaro 42, Pescara 65127, Italy)

Abstract

In the last century, the evolution of manufacturing was characterized by several innovations, concerning technologies, processes, but also entire production systems, with radical changes in strategies, product design, and management of organizations. Cost, time, and quality are the pillars on which was based the industrial competitiveness during that era. In the most recent years, a renewed interest in environmental issues and socio-ethical values has gradually promoted the transition towards the so-called low impact economies . Producers are then required to pursue a more rational and eco-efficient use of resources and reduce production wastes to survive; also the concept of value chain has been often associated with the terms environmental/green or sustainable. Various studies have been carried out to encourage companies in including the environment in their strategic and operational decisions making. Industrial Ecology (IE) represents the latest and most ambitious attempt to reach this goal; however, a great deal of work remains to be done to achieve this goal. As a result, enhancing companies to integrate efficiency and sustainable practices still has a long way to go. This study presents an overview on the evolutionary dynamics of manufacturing in the industrial age, and offers a discussion about the potential synergies in integrating IE approaches and tools in Lean Manufacturing, by introducing the environmental load as a further type of Muda ; the systematic actions to reduce this waste can build up the basis for improving competitiveness through the eco-efficiency.

Suggested Citation

  • Alberto Simboli & Raffaella Taddeo & Anna Morgante, 2014. "Value and Wastes in Manufacturing. An Overview and a New Perspective Based on Eco-Efficiency," Administrative Sciences, MDPI, vol. 4(3), pages 1-19, July.
  • Handle: RePEc:gam:jadmsc:v:4:y:2014:i:3:p:173-191:d:37809
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    References listed on IDEAS

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    1. Sinkin, Charlene & Wright, Charlotte J. & Burnett, Royce D., 2008. "Eco-efficiency and firm value," Journal of Accounting and Public Policy, Elsevier, vol. 27(2), pages 167-176.
    2. John Ehrenfeld & Nicholas Gertler, 1997. "Industrial Ecology in Practice: The Evolution of Interdependence at Kalundborg," Journal of Industrial Ecology, Yale University, vol. 1(1), pages 67-79, January.
    3. Rupert J. Baumgartner & Daniela Ebner, 2010. "Corporate sustainability strategies: sustainability profiles and maturity levels," Sustainable Development, John Wiley & Sons, Ltd., vol. 18(2), pages 76-89.
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    3. Anne P. M. Velenturf & Paul D. Jensen & Phil Purnell & Juliet Jopson & Norman Ebner, 2019. "A Call to Integrate Economic, Social and Environmental Motives into Guidance for Business Support for the Transition to a Circular Economy," Administrative Sciences, MDPI, vol. 9(4), pages 1-13, November.
    4. Malihe Manzouri & Mohd Nizam Ab-Rahman & Che Rosmawati Che Mohd Zain & Ezad Azraai Jamsari, 2014. "Increasing Production and Eliminating Waste through Lean Tools and Techniques for Halal Food Companies," Sustainability, MDPI, vol. 6(12), pages 1-26, December.
    5. Katundu Imasiku & Valerie Thomas & Etienne Ntagwirumugara, 2019. "Unraveling Green Information Technology Systems as a Global Greenhouse Gas Emission Game-Changer," Administrative Sciences, MDPI, vol. 9(2), pages 1-29, June.

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