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Remanufacturing, an Added Value Product Recovery Strategy
Abstract
Organizations offer a variety of products to the market with affordable prices. The popularity of a product rapidly disappears with the introduction of a new one and consequently end-of-life products and waste disposal rates increase. In the past, there were not strict regulations and sufficient public awareness about the disposal of products. Companies had limited concern for the consequences of their products sold. Nowadays there are economical and environmental motivations for organizations to look for alternative ways to value their end-of-life products. For that reason, alternative means of disposals of these products such as recycling, direct reuse, repair, refurbishing, and remanufacturing have growing attention. Among these only in remanufacturing used products are brought at least to the original equipment manufacturer performance specification. Worn-out parts are removed and replaced. It conserves the product identity and seeks to bring the product back into like-new condition. In this chapter the features of remanufacturing is presented.
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