Dr Nasr gives four reasons why remanufacturing creates business value. While watching the video, ask yourself: which industry sectors profit most from remanufacturing?

MAIN TAKEAWAYS

Four reasons why remanufacturing creates business value:

• It allows manufacturers to learn about the performance of their product in the market, and improve subsequent product versions.
• It saves on material and manufacturing costs.
• It allows the manufacturer to control the end-of-life of their products.
• It allows manufacturers to use remanufactured components for service and repair, instead of more expensive new components.