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Optimal Configuration Strategies for a Remanufacturing Firm: A Conceptual Framework

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Abstract

This research presents a conceptual framework to analyze the remanufacturing strategy. Three configuration strategies are explained and explored, namely Hybrid Manufacturing and Remanufacturing System (HMRS), Manufacturing/Remanufacturing (M/R) and Remanufacturer to the Manufacturer (R2M). Our research focuses on the cost and pricing decisions that affect the manufacturing firm to opt for the best-suited configuration. The competitive advantage is gained by manufacturing firms adopting remanufacturing or hybrid manufacturing and remanufacturing system. This conceptual framework will help manufacturing firms adopt the best-suited configuration and provide a decision-making framework for the variables within control and collaborative factors in remanufacturing.

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Adopted from Rizova et al. (2020)

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No datasets were generated or analysed during the current study.

Notes

  1. Remanufacturing Industries Council—Global Leaders in Remanufacturing (remancouncil.org).

  2. https://www.rematec.com/news/industry-players-and-markets/remanufacturing-boosts-the-aftermarket-in-the-us.

  3. https://www.technavio.com/report/industrial-machinery-remanufacturing-market-industry-analysis.

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Acknowledgements

The authors express their sincerest gratitude to the anonymous reviewers, guest editors and EIC for their constant feedback on the improvement of the manuscript. The authors are immensely grateful to the experts for their continuous suggestions and active involvement that makes this work complete. Finally, the authors appreciate the support provided by the Digital Manufacturing Lab (DML), NITIE, Mumbai, for providing the facility to conduct this research.

Funding

There is no funding provided for this article. The authors did not receive support from any organization for the submitted work.

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Authors

Contributions

AVB: conceptualization, writing and correspondence. MMA: Editing, discussions, review, and suggestions and improvements.

Corresponding author

Correspondence to Amol Vasant Bhide.

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The authors declare that there is no a known conflict financial interest or personal relationship that could have influenced the study. The authors have no relevant financial or non-financial interests to disclose.

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Cite this article

Bhide, A.V., Akarte, M.M. Optimal Configuration Strategies for a Remanufacturing Firm: A Conceptual Framework. JGBC (2024). https://doi.org/10.1007/s42943-024-00093-7

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  • DOI: https://doi.org/10.1007/s42943-024-00093-7

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