Carbon management for sourcing and logistics
First Claim
1. A method of carbon management for sourcing and logistics, comprising:
- quantifying, by a computer, a cost, a service and a carbon impact of one or more logistics policies relating to a manufacturing process;
minimizing, by the computer, said cost and carbon impact using a defined optimization equation to determine a combination of a multitude of components relating to the shipment of the product components from the suppliers to the assembly plant, said multitude of components including a first component representing a transportation cost for shipping the product components from the suppliers to the assembly plant, a second component representing an inventory cost and a third component representing a carbon cost for carbon emissions from inbound transportation activities of the shipping the product components from the suppliers to the assembly plant, said third component including a carbon price per mile-ton transported for transporting the product components from the suppliers to the assembly plant, said carbon price per mile-ton transported being based on a specified carbon emission factor and a specified carbon price per ton of emission; and
wherein;
the using the defined optimization equation includes using the defined optimization equation to obtain a specified order frequency for ordering parts from the suppliers.
0 Assignments
0 Petitions
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.
-
Citations
25 Claims
-
1. A method of carbon management for sourcing and logistics, comprising:
-
quantifying, by a computer, a cost, a service and a carbon impact of one or more logistics policies relating to a manufacturing process; minimizing, by the computer, said cost and carbon impact using a defined optimization equation to determine a combination of a multitude of components relating to the shipment of the product components from the suppliers to the assembly plant, said multitude of components including a first component representing a transportation cost for shipping the product components from the suppliers to the assembly plant, a second component representing an inventory cost and a third component representing a carbon cost for carbon emissions from inbound transportation activities of the shipping the product components from the suppliers to the assembly plant, said third component including a carbon price per mile-ton transported for transporting the product components from the suppliers to the assembly plant, said carbon price per mile-ton transported being based on a specified carbon emission factor and a specified carbon price per ton of emission; and
wherein;the using the defined optimization equation includes using the defined optimization equation to obtain a specified order frequency for ordering parts from the suppliers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11)
-
-
12. A system for carbon management for sourcing and logistics, the system comprising one or more processor units configured for:
-
quantifying both a cost and a carbon impact of one or more logistics policies relating to a manufacturing process in which specified product components are shipped from suppliers to an assembly plant; and minimizing said cost, and carbon impact using a defined optimization equation to determine a combination of a multitude of components relating to the shipment of the product components from the suppliers to the assembly plant, said multitude of components including a first component representing a transportation cost for shipping the product components from the suppliers to the assembly plant, a second component representing an inventory cost and a third component representing a carbon cost for carbon emissions from inbound transportation activities of the shipping the product components from the suppliers to the assembly plant, said third component including a carbon price per mile-ton transported for transporting the product components from the suppliers to the assembly plant, said carbon price per mile-ton transported being based on a specified carbon emission factor and a specified carbon price per ton of emission; and
wherein;the using the defined optimization equation includes using the defined optimization equation to obtain a specified order frequency for ordering parts from the suppliers. - View Dependent Claims (13, 14, 15, 16)
-
-
17. An article of manufacture comprising:
-
at least one tangible, non-transitory computer usable medium having computer readable program code logic tangibly embodied therein 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 in which specified product components are shipped from suppliers to an assembly plant; and minimizing said cost and carbon impact using a defined optimization equation to determine a combination of a multitude of components relating to the shipment of the product components from the suppliers to the assembly plant, said multitude of components including a first component representing a transportation cost for shipping product components from suppliers to an assembly plant, a second component representing an inventory cost and a third component representing a carbon cost for carbon emissions from inbound transportation activities of the shipping the product components from the suppliers to the assembly plant, said third component including a carbon price per mile-ton transported for transporting the product components from the suppliers to the assembly plant, said carbon price per mile-ton transported being based on a specified carbon emission factor and a specified carbon price per ton of emission; and
wherein;the using the defined optimization equation includes using the defined optimization equation to obtain a specified order frequency for ordering parts from the suppliers. - View Dependent Claims (18, 19, 20)
-
-
21. A method of carbon management for sourcing and logistics, comprising:
-
quantifying, by a computer, a cost and a carbon impact of a plurality of logistics policies relating to a manufacturing process by using an analytics engine operating on the computer to quantify said cost and carbon impact; and minimizing, by a computer, 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; and
wherein;the using the defined equation includes using the defined equation to obtain a specified order frequency for ordering parts from the suppliers. - View Dependent Claims (22, 23, 24, 25)
-
Specification