Sustainable production - long-term development strategy

Sustainable production is a global trend and a model that many businesses are aiming in 2023. To create sustainable values, the application of modern technology is indispensable. Read the article to learn more about this global green strategy.

1. What is sustainable production?

Sustainable production, also known as green production, represents a holistic approach to the production of goods, the main goal of which is to reduce negative impacts on the environment, society and the economy. This model has been mentioned in forums organized by RX Tradex Vietnam in collaboration with Vietnam Automation Association, Vietnam Association of Supporting Industry Enterprises, Vietnam Electronic Business Association.

More specifically, the world industry is growing rapidly. Consequences are the problems of waste, food hygiene, environmental pollution ... but unsafe substances are still used in production because of the "race" for profits of businesses. Meanwhile, consumers are becoming more savvy and products made from a sustainable production process are receiving more and more attention.

The authorities are also very aggressive with businesses that produce unsafe products, causing harm to the environment and society. Therefore, for the time being, production and business with a vision of a green future, towards a long-term development is gradually becoming the trend of all businesses.

Besides, the economy is in which the price of goods must follow the law of supply and demand. The role of consumers in production is very important. Therefore, sustainable production and consumption will be the key to enable individuals and communities to create a stably developing economy and world. At that time, the balance between economic development, environmental protection and public health is better ensured.

Moreover, the usage of resources and energy more efficiently, the reduction of waste and emissions in the production process, along with the selection of sustainable products and services will help enhance the transformation to a greener economy, saving costs for individuals and families, and ensuring the health and safety of themselves and the habitat.

2. Learn about sustainable production model and its benefits

One of the popular sustainable production models is clean and green production. It is a special method that focuses on non-polluting, resource-saving and human-health-protecting processes, including reusing waste products and recycling them.

The next model is the production towards the circular economy. This model aims to utilize and recycle materials, while minimizing waste output. It includes the use of recyclable materials and the development of products that can be reused.

Finally, socially responsible production - directing positive values and effects to the community. It includes improving conditions, promoting fairness and safety at work, closely monitoring supplies for quality and social responsibility.

3. How can businesses achieve sustainable production?

There are many ways to help domestic and foreign businesses have a green and sustainable production model. That is:

• Companies can optimize their production processes to ensure that they can use less energy and natural resources by using greener alternatives and  more environmentally friendly materials.
• The sustainability process can be costly at first, but investing in new technology will help optimize your material creation process or make manufacturing leaner, will have a noticeable effect  in the long run.
• Another way is to become a sustainable business that contributes to the closed circular economy. By utilizing materials from the recycling industry, you will keep your production costs and potential harmful emissions to a minimum.
• Linking sustainability goals to other businesses can also help you cooporate with a “waste reduction community”. It is argued that waste is also a form of treasure if you have an effective recycling process to utilize waste as a resource for your business.

4. Practical examples of sustainable production

4.1 BMW

BMW is one of the leading car manufacturers with a strong focus on long-term production. Their goal is to create a “sustainable value chain that meets its own production needs with recycled and renewable materials – including energy”.

Recently, the team discovered that, in addition to the transition to hybrid and electric vehicles, it is also important to produce batteries made from high CO2, and that is the goal in their steady production process. Through the use of “green” resources and a battery recycling scheme, BMW is aiming to reduce CO2 emissions throughout the production process, helping to reduce its negative impact on the environment.

4.2 Samsung

Samsung is another global company committed to action for sustainability. In addition to strict compliance with environmental laws, they also work in a circular economy to minimize natural resource use and make the most of recycled materials. They have also enhanced the product lifecycle to conserve and reduce resource usage. With regional recycling and water management systems in place, Samsung has overhauled its manufacturing processes to ensure that it is creating new products in a fair and sustainable environment.

5. Technology and tools for sustainable production

Industry 4.0 advancement, supported by smart, innovative solutions, is making sustainable production efforts more viable and efficient than ever before.

5.1 Solutions to manage huge data for businesses

For businesses with a large number of databases, investing in an advanced management platform is very important. Advanced technology platforms can distinguish between the data that needs to be sent to the cloud and the data that should stay locally, thereby reducing latency and data transmission costs. Of course, this will significantly affect the sustainable production of the enterprise.

5.2 Artificial Intelligence (AI)

The focus on harnessing artificial intelligence (AI) is another key to sustainability. Leveraging AI on the assembly line for quality checks can reduce production risks. For artificial intelligence, algorithms can combine and analyze data to identify potential risks to improve efficiency or eliminate problematic processes.

6. Discover sustainable production technology with us

RX Tradex is proud to be the leading exhibition organizer in Southeast Asia. We are part of RX - the world leader in creating outstanding events - serving 43 industries in 22 countries. At VME - Vietnam Manufacturing Expo 2023, businesses will experience the most advanced sustainable production technologies, helping to optimize performance and minimize impact on the environment.

In addition, VME also provides information on sustainable production models that are being successfully applied in the world, helping businesses find and apply solutions that match actual needs. VME international industry exhibition will provide businesses with opportunities to cooperate and connect with buyers and sellers, and trade partners. If businesses are interested in sustainable production and brand promotion issues, looking for new partners, come to VME international industry exhibition and experience practical business networking activities.