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Inventory Management Sustainability: A Case of Carbon Emanation Reduction in Selected Ceramics Manufacturing Firms in Lagos State, Nigeria

ADEDUGBA, ADEBAYO TOLULOPE and Ogunnaike, O.O. and Adeyemo, Kingsley A and Kehinde, Busola and Oke, Gbenga (2022) Inventory Management Sustainability: A Case of Carbon Emanation Reduction in Selected Ceramics Manufacturing Firms in Lagos State, Nigeria. International Journal of System Dynamics Applications, 11 (1).

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Abstract

Inventory optimality is an option of energy utilization proportionality that can lessen carbon emanations and maximize profitability. This study proposes an inventory management model in which the stock volume is optimally decided to diminish energy per resource utilized in‐other to reduce carbon emanations. This will likewise help in concluding renewal volume optimally. Consequently, the study utilized economic order quantity (EOQ) to decide inventory volumes in‐other to decrease carbon emanations so as to augment profits of the inventory chain. Partial least square(PLS) was additionally utilized to examine the extent of inventory management frameworks on environmental sustainability. The study, therefore, shows its oddity and pertinency by utilizing economic order quantity(EOQ) and partial least square(PLS) to examine and optimize inventory respectively, as it gives a perspective of decreasing carbon emanations during inventory procedures.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: nwokealisi
Date Deposited: 17 Apr 2024 16:24
Last Modified: 17 Apr 2024 16:24
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/17919

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