Key Enabler on Efficient Resource Utilization: Technical and Managerial Investigations for Sustainable Materials and Energy Management

¹ Department of Mechanical Engineering, GLA University, Mathura, India
² Department of Mechanical Engineering, Indira College of Engineering and Management, Pune, India
³ Department of Computer Science and Engineering, Graphic Era Deemed to be University, Dehradun, Uttarakhand, India
⁴ Department of Mechanical Engineering. Lloyd Institute of Engineering & Technology, Greater Noida, India
⁵ Institute of Aeronautical Engineering, Hyderabad, Telangana, India
⁶ Department of Computer Science, New Horizon College of Engineering, Bangalore, India
⁷ National University of Science and Technology, Dhi Qar, Iraq

^* Corresponding author: rajat.yadav@gla.ac.in

Abstract

In a time characterised by increasing environmental apprehensions and the necessity for sustainable progress, the effective utilisation of resources has become a crucial mandate for enterprises, governments, and communities alike. This summary presents a comprehensive examination of the several techniques and practises that are crucial in attaining sustainable materials and energy management. Efficient resource utilisation comprises a wide range of ideas and practises, which include but are not limited to material efficiency, energy conservation, waste reduction, and measures related to the circular economy. This study examines the fundamental elements of these methods, emphasising the significance of resource optimisation and its contribution to the reduction of environmental consequences linked to resource extraction and use. The achievement of efficient resource management is contingent upon the implementation of robust policy frameworks, the exercise of corporate responsibility, and the cultivation of consumer awareness. The significance of lifecycle assessments (LCAs) and the incorporation of eco-design concepts into the process of product creation is underscored in order to mitigate resource consumption and environmental consequences from the very beginning. The adoption of circular economy models, characterised by the conservation, reuse, and recycling of resources within a closed-loop system, holds significant potential for enhancing resource efficiency. In this paper, we elucidate the advantages associated with the adoption of circular economy practises and provide illustrative examples of organisations that have effectively implemented these concepts. In the context of a world with limited resources, organisations that prioritise efficient resource utilisation not only adhere to ethical principles but also gain a strategic edge, enhancing their prospects for long-term viability. These abstract lays the groundwork for further investigation into the diverse tactics and technologies that have the potential to drive us towards a future that is more sustainable and efficient in terms of resource utilisation.