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Creating sustainable value through remanufacturing : Three industry cases

Jensen, Jonas P.; Prendeville, Sharon M.; Bocken, Nancy M.P. LU and Peck, David (2019) In Journal of Cleaner Production 218. p.304-314
Abstract

Remanufacturing is proposed as a strategy to develop circular business models to manage resource loops in the future circular economy (CE). If remanufacturing is to occupy a central role in the CE it needs to be considered from a series of complementary and synchronous business activities. Thus, the aim of this article is to investigate how such an integrated perspective can drive sustainable value creation within the context of remanufacturing business models. This is explored through three business cases: Philips Healthcare Refurbished Systems, Siemens Wind Power, and Orangebox. This ‘integrated view’ considers remanufacturing activities according to: product design and development; remanufacturing processes; value chain design and... (More)

Remanufacturing is proposed as a strategy to develop circular business models to manage resource loops in the future circular economy (CE). If remanufacturing is to occupy a central role in the CE it needs to be considered from a series of complementary and synchronous business activities. Thus, the aim of this article is to investigate how such an integrated perspective can drive sustainable value creation within the context of remanufacturing business models. This is explored through three business cases: Philips Healthcare Refurbished Systems, Siemens Wind Power, and Orangebox. This ‘integrated view’ considers remanufacturing activities according to: product design and development; remanufacturing processes; value chain design and management; and marketing and consumer/user relationship. The research question asks, ‘Can an integrated perspective drive sustainable value creation in remanufacturing contexts?’ To answer this, the research maps a set of triple-bottom-line indicators across the chosen cases. The work contributes to the field by mapping a set of business mechanisms (e.g. warranties, service approaches, partnerships) that can be utilised to co-develop necessary activities in unison for a successful remanufacturing approach. In certain cases, remanufacturing has the potential to add to the triple-bottom-line through such an integrated approach. However, each of the firms are investing in remanufacturing predominantly for profitability and market protection measures and therefore environmental and social components of the triple-bottom-line must be proactively considered.

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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Business model innovation, Circular business models, Circular economy, Remanufacturing, Sustainable value creation, Triple bottom line
in
Journal of Cleaner Production
volume
218
pages
11 pages
publisher
Elsevier
external identifiers
  • scopus:85061328968
ISSN
0959-6526
DOI
10.1016/j.jclepro.2019.01.301
language
English
LU publication?
yes
id
ccc1efca-b3a3-4fb8-8e52-f798e49d167c
date added to LUP
2019-02-18 13:47:26
date last changed
2019-03-19 04:05:35
@article{ccc1efca-b3a3-4fb8-8e52-f798e49d167c,
  abstract     = {<p>Remanufacturing is proposed as a strategy to develop circular business models to manage resource loops in the future circular economy (CE). If remanufacturing is to occupy a central role in the CE it needs to be considered from a series of complementary and synchronous business activities. Thus, the aim of this article is to investigate how such an integrated perspective can drive sustainable value creation within the context of remanufacturing business models. This is explored through three business cases: Philips Healthcare Refurbished Systems, Siemens Wind Power, and Orangebox. This ‘integrated view’ considers remanufacturing activities according to: product design and development; remanufacturing processes; value chain design and management; and marketing and consumer/user relationship. The research question asks, ‘Can an integrated perspective drive sustainable value creation in remanufacturing contexts?’ To answer this, the research maps a set of triple-bottom-line indicators across the chosen cases. The work contributes to the field by mapping a set of business mechanisms (e.g. warranties, service approaches, partnerships) that can be utilised to co-develop necessary activities in unison for a successful remanufacturing approach. In certain cases, remanufacturing has the potential to add to the triple-bottom-line through such an integrated approach. However, each of the firms are investing in remanufacturing predominantly for profitability and market protection measures and therefore environmental and social components of the triple-bottom-line must be proactively considered.</p>},
  author       = {Jensen, Jonas P. and Prendeville, Sharon M. and Bocken, Nancy M.P. and Peck, David},
  issn         = {0959-6526},
  keyword      = {Business model innovation,Circular business models,Circular economy,Remanufacturing,Sustainable value creation,Triple bottom line},
  language     = {eng},
  pages        = {304--314},
  publisher    = {Elsevier},
  series       = {Journal of Cleaner Production},
  title        = {Creating sustainable value through remanufacturing : Three industry cases},
  url          = {http://dx.doi.org/10.1016/j.jclepro.2019.01.301},
  volume       = {218},
  year         = {2019},
}