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Title: A decision support tool for improving value chain resilience to critical materials in manufacturing
Authors: Gardner, Liam
Colwill, James
Keywords: Rare earth elements
Critical materials
Supply chain
Risk management
Issue Date: 2016
Publisher: © The Authors. Published by IOS Press
Citation: GARDNER, L. and COLWILL, J., 2016. A decision support tool for improving value chain resilience to critical materials in manufacturing. IN: Goh, Y.M. and Case, K. (eds.) Advances in Manufacturing Technology XXX: Proceedings of the 14th International Conference on Manufacturing Research, Loughborough University, September 6–8, pp. 363-368.
Series/Report no.: Advances in Transdisciplinary Engineering;3
Abstract: A number of non-energy materials have been identified by the EU as being critical to the manufacturing sector and wider economy. A material is termed a critical material when it has a “high economic importance combined with a high risk of supply shortage” relative to other materials as defined by the EU. This criticality of specific raw materials will become increasingly acute as the escalating use of finite resources continues, driven by increasing consumer demand for an ever wider variety of products by a growing global population. Critical materials are vital elements in the value chain yet many manufacturers are unaware if they are affected by the use of a critical material in their operations. We have previously developed a framework that takes a systematic approach to identifying, assessing and mitigating risk associated with critical materials bilaterally up and down the value chain. In this paper we examine how this framework can be facilitated for application in industry through the specification and development of a decision support tool.
Description: The final publication is available at IOS Press through http://dx.doi.org/10.3233/978-1-61499-668-2-393
Version: Accepted for publication
DOI: 10.3233/978-1-61499-668-2-393
URI: https://dspace.lboro.ac.uk/2134/22768
Publisher Link: http://dx.doi.org/10.3233/978-1-61499-668-2-393
ISBN: 9781614996675
ISSN: 2352-751X
Appears in Collections:Conference Papers and Presentations (Mechanical, Electrical and Manufacturing Engineering)

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