Decision-making framework for used industrial equipment

Abstract

Decision-making is a major problem in industry. Therefore this research is focused on the decision-making framework development with Lean and Green Manufacturing tools and End-of-Life scenario consideration. A specific mechanism was developed for used industrial equipment life cycle extension in order to save money, nature, and society. The proposed framework makes business more profitable by including an innovative approach of using complex TRIZ to make it more universal and easy to use for the largest variation of used industrial products. To achieve this aim the Green Matrix was elaborated on the basis of the TRIZ Contradiction Matrix and Green Engineering principles. Much attention was paid to the remanufacturing process in the decision-making framework to assess the moment condition of equipment. An integrated method for evaluating the remanufacturability of the used industrial equipment is proposed, in which the technological, economic and environmental assessment of spent industrial products is analyzed in terms of remanufacturing. Development of an approach for used industrial product assessment improves company inventory controllability and utilization that in turn minimizes environmental impact and resource consumption during the entire product cycle.