Proceedings of the 3rd Asia Pacific International Conference of Management and Business Science (AICMBS 2019)

Designing Business Model and Implementation of Sustainability Evaluation Model for B20 Biodiesel Machinery Industry

Authors
Arman Hakim Nasution, Dewie Saktia Ardiantono, Caesaratna Bunga Dwi Agusti
Corresponding Author
Arman Hakim Nasution
Available Online 13 April 2020.
DOI
https://doi.org/10.2991/aebmr.k.200410.006How to use a DOI?
Keywords
biodiesel engine, business model canvas, sustainability, sustainability performance indicator
Abstract

Biofuel is an alternative energy for fossil fuel. Indonesia has oil palm as the main commodity that can produce biofuels, especially biodiesel. Indonesia has implemented B20, 20% biodiesel and diesel. On September 1, 2018, Indonesia has carried out mandatory B20 with the aim of reducing fossil oil imports. So that it requires the support of a diesel engine that is compatible with B20 fuel. In the previous research, it was stated that the increase in biofuel utilization was followed by the sale of machinery with modifications. Therefore, the B20 biodiesel machinery industry has market opportunities. This research was conducted to performance management to identify strategic targets and sustainable performance indicators. This study translate BMC to BSC to identify strategic objectives, and fulfill SEM to identify sustainable performance indicators. The design of the BMC was obtained by the value proposition by offering a low emission B20 biodiesel fuel engine to support the government in maintaining energy security by utilizing B20. In the customer section, the machining industry is obtained trying to maximize customer satisfaction by improving quality and service. In the infrastructure section, the machinery industry seeks to focus on employees to achieve company goals. This study obtained 21 strategic objectives and 39 sustainability performance indicators. The managerial implications are aimed at the B20 biodiesel machinery industry which can then be used to reach the market.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 3rd Asia Pacific International Conference of Management and Business Science (AICMBS 2019)
Series
Advances in Economics, Business and Management Research
Publication Date
13 April 2020
ISBN
978-94-6252-954-0
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200410.006How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Arman Hakim Nasution
AU  - Dewie Saktia Ardiantono
AU  - Caesaratna Bunga Dwi Agusti
PY  - 2020
DA  - 2020/04/13
TI  - Designing Business Model and Implementation of Sustainability Evaluation Model for B20 Biodiesel Machinery Industry
BT  - Proceedings of the 3rd Asia Pacific International Conference of Management and Business Science (AICMBS 2019)
PB  - Atlantis Press
SP  - 34
EP  - 40
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200410.006
DO  - https://doi.org/10.2991/aebmr.k.200410.006
ID  - Nasution2020
ER  -