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Making value chains more efficient and sustainable (IEL-B-3+5-WPM-IEL)
Department
- Bachelor's program Management & Law
Course unit code
- IEL-B-3+5-WPM-IEL
Level of course unit
- Bachelor
Year of study
- Fall 2024
Semester when the course unit is delivered
- 5
Number of ECTS credits allocated
- 5.0
Name of lecturer(s)
- FH-Prof. Dr.-Ing. Pillei Martin, BSc MSc
Learning outcomes of the course unit
- Choosing 'Making Value Chains Efficient and Sustainable' is pivotal for students navigating the evolving business landscape. This elective merges efficiency and sustainability, addressing the pressing need for environmentally conscious practices. Through real-world case studies, students gain practical insights, acquire analytical skills to identify and rectify inefficiencies. The course molds graduates into holistic problem-solvers, adept at driving positive change. In a job market valuing eco-responsibility, this elective positions students as sought-after professionals capable of streamlining processes and championing sustainability.
Upon completion of this elective course, students will be able to:
- Gain knowledge of the various forms of energy consumed within companies
- Identify cost drivers and understand relationship between production processes and energy consumption
- Understand methods for cost allocation
- Explore Benchmarking and Performance Metrics to measure efficiency improvements
- Perform Basic Environmental Impact Assessments
- Understand current challenges with regard to Regulatory Compliance and CSR
- Explore opportunities for energy efficiency improvements and waste reduction
Mode of delivery
- distance learning/e-learning
Recommended optional program components
- none
Course contents
- Ecological and economic influence on material and energy flows. Assessment of the environmental aspects and potential environmental impacts associated with a product or production process.
- Product-related life cycle assessment
- Operational life cycle assessment
- DIN EN ISO 14040
- Modelling, calculation and evaluation of material and energy flows.
- Calculation and visualization of energy and material flows
- Creating CO2 balances of daily life products
- Environmental impact over the entire product life cycle
- Cost accounting -> eco-efficient decisions
- Material flow cost analysis (MCFA) - Determining the true costs of losses and waste
- CSRD
Planned learning activities and teaching methods
- Report written as Executive Summary
Language of instruction
- English
Work placement(s)
- none