A proposed method for Design for Eco-Finance

Rosamond, Emma and Cheung, Wai Ming (2013) A proposed method for Design for Eco-Finance. In: Concurrent Engineering Approaches for Sustainable Product Development in a Multi-Disciplinary Environment. Springer, London, pp. 463-474. ISBN 9781447144250

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Official URL: http://dx.doi.org/10.1007/978-1-4471-4426-7_40

Abstract

Products are becoming more complex to the extent that some elements of the design may be outsourced to multiple external vendors. Hence, any changes made during design activities can generate significant additional costs and time With high upfront design and development costs being common place specifically in low-volume high-value electronics production, the ability to accurately predict the anticipated financial burden of both these activities, and through-life production changes is of great importance to a business, especially in light of probable future influences such as environmentally driven legislation. The paper describes a new approach to address such issues, through the development of an Eco-Financial Decision Support System to help electronics companies provide rapid responses and quotations for the design and development of new or obsolescent products. These will be addressed through development towards ‘Design for Eco-Finance’ (DfEF), a new component of the DfX family, which will allow designers to perform a ‘trade-off’ between environmental impacts and costs, supporting the financially viable, sustainable design of electronics products.

Item Type: Book Section
Additional Information: Proceedings of the 19th ISPE International Conference on Concurrent Engineering.
Subjects: H300 Mechanical Engineering
H800 Chemical, Process and Energy Engineering
Department: Faculties > Engineering and Environment > Mechanical and Construction Engineering
Depositing User: Ay Okpokam
Date Deposited: 22 Feb 2013 16:35
Last Modified: 10 Aug 2015 11:11
URI: http://nrl.northumbria.ac.uk/id/eprint/11187

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