Evaluating sustainable green development through advanced production techniques by using the MDEMATEL technique
by Chandan Deep Singh
International Journal of Competitiveness (IJC), Vol. 2, No. 3, 2022

Abstract: Today, most of the production strategies are influenced by quality, cost, delivery, innovation, and responsiveness. Firms have traditionally pursued these goals through the adoption of production practices, such as simultaneous engineering, increasing efficiency through the elimination of defects, setup reduction, etc., and worker empowerment. Recent developments in industry suggest another way of achieving excellence in production, that is, industry regulators and professional bodies must encourage innovation in a broad range of high-tech production facilities with the environment in mind. The success of the industry depends upon production facilities and the competitive advantage that the industry gains because of better quality and reliability. This advantage leads to an increase in sales and the creation of a sound customer base for greater market share, which eventually leads to more profit, growth and expansion. A firm's processes must possess operating advantages in the form of competitive priorities to outperform its competitors. In this research, high-priority risk factors for industry are taken up so as to provide a suitable qualitative model based on them.

Online publication date: Sat, 03-Dec-2022

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