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Home Courses Circular Economy Course materials Lectures 4.2.2 The business value of remanufacturing

4.2.2 The business value of remanufacturing

Course subject(s) Module 4. Remanufacturing

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

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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.
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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