Description
Remanufacturing and refurbishment is the industrial process whereby used products referred to as ‘cores’ are restored. It is a process of recapturing the value added to the material when a product was first manufactured. The process can be performed on either entire products or the parts that constitute the product.
Remanufacturing is often cited as a key component of the move to a Circular Economy.
Whilst developed countries, such as the USA, are quite advanced in their remanufacturing journey, developing countries have many more challenges to overcome before remanufacturing is widely available as an alternative to purchasing new items.
Deliverables
a) Define the concept of Remanufacturing and indicate its place in the circular economy (15% of word count)
b) Profile a company that you believe exemplifies the best of remanufacturing practice. For your chosen company, detail
1. Who they are
2. Their main remanufactured products and services
3. Who their customers are
4. The benefits of purchasing remanufactured products
c) Provide a summary of the findings of the 2016 study by the European Remanufacturing Network into Business Models used in the Remanufacturing industry. Identify the models relevant to your chosen company. (20% of word count)
d) Provide a summary of the findings of the recent study by Cao et al (2020) into the remanufacturing industry in China (20% of word count)
e) Compare and contrast the European and Chinese remanufacturing markets, including any perspectives that have emerged since the documents above were written. (25% of word count)
f) For the company selected in (b) above, give your analysis of the barriers to success in the Chinese market (10% of word count)
Graphical methods will be very effective at conveying some elements of these deliverables. Submissions that are solely comprised of text are unlikely to score highly.
The maximum permitted word count for this assignment is 2000 words. Tables, figures, references and appendices are excluded from this word count.
