Adopting Green Value Engineering to Enhance Cost Management Efficiency: An Applied Study

General Background Sustainability requires balancing economic and environmental demands. Specific Background Industries face intense pressure to reduce hazardous waste while remaining profitable. Knowledge Gap Existing literature lacks integrated models that bridge ecological compliance and budget control in developing nations. Aims This study evaluates how adopting this modern methodology optimizes industrial expenditures. Results Substituting hazardous materials at an Iraqi facility yielded 9.98% financial savings and a 60% reduction in carbon emissions. High-value resource allocation increased to 57.14%, with the computation stage driving 43% of operational optimization. Novelty The research translates abstract ecological goals directly into measurable budget optimizations. Implications These findings empower managers to eliminate waste, ensuring long-term economic resilience and regulatory compliance. Highlights: Substituting toxic lead and plastic with eco-friendly alternatives directly saved 9.98 percent on unit production expenditures. Sustainable material adoption decreased smelting energy requirements by 75 percent and reduced overall carbon footprint by 60 percent. The quantitative computation stage proved to be the strongest statistical predictor of overall financial and ecological optimization. Keywords: Green Value Engineering, Cost Management Efficiency, Sustainable Manufacturing, Budget Optimization, Ecological Compliance

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Publication Details

Journal
Indonesian Journal of Law and Economics Review
Published
2026-10-29
DOI
https://doi.org/10.21070/ijler.v21i4.1740
Primary Topic
Sustainable Supply Chain Management
Type
article
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article

Adopting Green Value Engineering to Enhance Cost Management Efficiency: An Applied Study

Karrar Kareem Jawad, Mustafa Hassan Malk, Alaa Muhammad Ubaid
1 links
Indonesian Journal of Law and Economics Review
Sustainable Supply Chain Management
article

Adopting Green Value Engineering to Enhance Cost Management Efficiency: An Applied Study

Karrar Kareem Jawad, Mustafa Hassan Malk, Alaa Muhammad Ubaid
article en

Abstract

General Background Sustainability requires balancing economic and environmental demands. Specific Background Industries face intense pressure to reduce hazardous waste while remaining profitable. Knowledge Gap Existing literature lacks integrated models that bridge ecological compliance and budget control in developing nations. Aims This study evaluates how adopting this modern methodology optimizes industrial expenditures. Results Substituting hazardous materials at an Iraqi facility yielded 9.98% financial savings and a 60% reduction in carbon emissions. High-value resource allocation increased to 57.14%, with the computation stage driving 43% of operational optimization. Novelty The research translates abstract ecological goals directly into measurable budget optimizations. Implications These findings empower managers to eliminate waste, ensuring long-term economic resilience and regulatory compliance. Highlights: Substituting toxic lead and plastic with eco-friendly alternatives directly saved 9.98 percent on unit production expenditures. Sustainable material adoption decreased smelting energy requirements by 75 percent and reduced overall carbon footprint by 60 percent. The quantitative computation stage proved to be the strongest statistical predictor of overall financial and ecological optimization. Keywords: Green Value Engineering, Cost Management Efficiency, Sustainable Manufacturing, Budget Optimization, Ecological Compliance

Indonesian Journal of Law and Economics ReviewVol. 21(4)
Mustansiriyah University (IQ), Al-Furat Al-Awsat Technical University (IQ)
Responsible consumption and production, Climate action, Industry, innovation and infrastructure
Openalex Percentile: Top 9%
Sustainable Supply Chain Management
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