Identification, ranking and prioritization of Key Performance Indicators for evaluating greenness of manufactured products

Abstract

Sustainability has become a paramount concern in the manufacturing industry, with a growing emphasis on eco-friendly products to preserve our planet’s life-support systems. However, evaluating the ”greenness” of a manufactured product is a complex task due to data availability, varying definitions of ”green” products, and diverse environmental impacts. This research addresses this challenge by identifying, classifying, and prioritizing Key Performance Indicators (KPIs) to assess green manufactured products, specifically within the Indian manufacturing context. A systematic approach was employed, incorporating Pareto analysis and the Full Consistency Method (FUCOM) to identify the most significant KPIs and assign them priority. Industry, academia, and customer perspectives were considered, resulting in distinct priorities. Industry experts prioritize economic aspects, while academia emphasizes health and safety. Customers focus on air quality and greenhouse gas emissions. This diversity of perspectives underscores the need for businesses to tailor their sustainability strategies to meet evolving customer demands while considering economic implications. The study identifies 30 vital KPIs crucial for evaluating green product manufacturing, encompassing dimensions like waste management, energy efficiency, workplace safety, and societal compliance. By considering these KPIs, businesses can make informed decisions to improve sustainability, reduce their environmental footprint, and align with consumer expectations. The findings provide a roadmap for businesses and policymakers to develop more effective strategies, targeting diverse stakeholder groups and promoting the production and use of green products. This research contributes to the growing body of knowledge in sustainable manufacturing and serves as a valuable tool for manufacturers in India and beyond, aiding them in navigating the complexities of manufacturing green products and meeting the rising demand from environmentally conscious consumers.