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2.4.5 Barriers for refurbishment decision

Course subject(s) Module 2. Business Value in a Circular Economy

THE BUSINESS VALUE OF REFURBISHMENT (3/3)

In the third video, Nestor describes three barriers for refurbishment. Keep these in mind! In the fourth episode of this course, we return to the opportunities and challenges of refurbishment and remanufacturing. 

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Subtitles (captions) in other languages than provided can be viewed at YouTube. Select your language in the CC-button of YouTube.

MAIN TAKEAWAYS 

Three general barriers for refurbishment:

  • Perception: the idea that refurbished products are of lesser quality.
  • International trade barriers and other regulatory barriers can make it difficult to trade refurbished products or components.
  • Commitment from top management. Closing the loop through refurbishment needs to be a strategic business decision. 
Creative Commons License
Circular Economy by TU Delft OpenCourseWare is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
Based on a work at https://ocw.tudelft.nl/courses/circular-economy/.
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