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Optimal Configuration Strategies for a Remanufacturing Firm: A Conceptual Framework

Amol Vasant Bhide () and Milind M. Akarte ()
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Amol Vasant Bhide: Indian Institute of Management
Milind M. Akarte: Indian Institute of Management

International Journal of Global Business and Competitiveness, 2024, vol. 19, issue 1, No 7, 81 pages

Abstract: Abstract This research presents a conceptual framework to analyze the remanufacturing strategy. Three configuration strategies are explained and explored, namely Hybrid Manufacturing and Remanufacturing System (HMRS), Manufacturing/Remanufacturing (M/R) and Remanufacturer to the Manufacturer (R2M). Our research focuses on the cost and pricing decisions that affect the manufacturing firm to opt for the best-suited configuration. The competitive advantage is gained by manufacturing firms adopting remanufacturing or hybrid manufacturing and remanufacturing system. This conceptual framework will help manufacturing firms adopt the best-suited configuration and provide a decision-making framework for the variables within control and collaborative factors in remanufacturing.

Keywords: Competitiveness; Hybrid manufacturing and remanufacturing system (HMRS); Decision support system; Collaboration; Configuration (search for similar items in EconPapers)
JEL-codes: L11 L16 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s42943-024-00093-7

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