CARBON MANAGEMENT FOR SOURCING AND LOGISTICS
First Claim
1. A method of carbon management for sourcing and logistics, comprising:
- using a computer for;
quantifying a cost, a service and a carbon impact of one or more logistics policies relating to a manufacturing process; and
minimizing said cost and carbon impact using a defined equation including a first component representing a transportation cost, a second component representing an inventory cost and a third component representing a carbon cost.
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Accused Products
Abstract
Embodiments of the invention provide a method, system and computer program product for carbon management for sourcing and logistics. In one embodiment, the method comprises using a computer for quantifying both a cost and a carbon impact of one or more logistics policies relating to a manufacturing process; and minimizing the cost and carbon impact using a defined equation including a first component representing a transportation cost, and a second component representing a carbon cost. In an embodiment of the invention, the quantifying includes using an analytics engine to quantify the cost and carbon impact. The analytics engine may include a shipment analysis module to calculate an optimal transportation policy, a sourcing analysis module for testing alternate sourcing options, a scenario analysis module to find an optimal order frequency, and a sensitivity analysis module to test the impact of various changes.
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Citations
25 Claims
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1. A method of carbon management for sourcing and logistics, comprising:
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using a computer for; quantifying a cost, a service and a carbon impact of one or more logistics policies relating to a manufacturing process; and minimizing said cost and carbon impact using a defined equation including a first component representing a transportation cost, a second component representing an inventory cost and a third component representing a carbon cost. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A system for carbon management for sourcing and logistics, the system comprising one or more processor units configured for:
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quantifying both a cost and a carbon impact of one or more logistics policies relating to a manufacturing process; and minimizing said cost, and carbon impact using a defined equation including a first component representing a transportation cost, a second component representing an inventory cost and a third component representing a carbon cost. - View Dependent Claims (12, 13, 14, 15)
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16. An article of manufacture comprising:
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at least one computer usable medium having computer readable program code logic to execute a machine instruction in a processing unit for carbon management for sourcing and logistics, said computer readable program code logic, when executing, performing the following steps; quantifying both a cost and a carbon impact of one or more logistics policies relating to a manufacturing process; and minimizing said cost and carbon impact using a defined equation including a first component representing a transportation cost, a second component representing an inventory cost and a third component representing a carbon cost. - View Dependent Claims (17, 18, 19, 20)
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21. A method of carbon management for sourcing and logistics, comprising:
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using a computer for; quantifying a cost and a carbon impact of a plurality of logistics policies relating to a manufacturing process by using an analytics engine to quantify said cost and carbon impact; and minimizing said cost and carbon impact using a defined equation including a first component representing a transportation cost, a second component representing an inventory cost, and a third component representing a carbon cost; wherein the analytics engine includes a shipment analysis module to calculate an optimal transportation policy by minimizing logistic costs, and a sourcing analysis module for testing alternate sourcing options. - View Dependent Claims (22, 23, 24, 25)
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Specification