Abstract
The sustainability transition for supply chains requires the optimization between economic, environmental, and social objectives in order to safeguard competitive advantage. Contemporary supply chains are confronted with demand and supply that is compounded by technology, legislation, and customer requirements for increasing sustainability. Although the dynamics of these individual components are well understood, the interactions deserve more attention to allow supply chain partners to better position themselves in their pursuit towards a circular economy. In this paper we discuss the dynamic interactions within the European aluminum rolled products supply chain partners. Because of its light weight and endless recyclability, aluminum is expected to increasingly grow the next decades in business sectors such as transport, building and construction and packaging. Based on input form supply chain partners and European Aluminum, we present a systems dynamics model that is capable to deal with the most important dynamic interactions in this supply chain. Results reveal potential pathways for improving sustainability of European aluminum industry.
Presenters
Masoud KhakdamanPostdoctoral Researcher, Operations Analytics, VU Amsterdam, Netherlands Pascal Wissink
Assistant Professor, Operations Analytics, Vrije Universiteit Amsterdam, Netherlands Wout Dullaert
Vrije Universiteit Amsterdam Dirk Inghels
Associate Professor, School of Business and Economics/ Operations Analytics, VU University Amsterdam, Belgium
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
KEYWORDS
Demand evolution, Supply dynamics, Environmental impact, Sustainability, System dynamics, Aluminum
