Remanufacturing is a concept of strategic importance that enables a significant part of the value added to a product during its initial production to be retained. It is no longer acceptable to dispose continually of strategically important materials in landfill sites or waste the energy associated with their processing. Remanufacturing is the process by which used products and assemblies are returned to their new state with minimum waste and expenditure on materials and energy. Parts that do not wear out are reused in a rebuilt product that incorporates the technological advances deemed necessary to ensure that repairs can be carried out in a timely manner and the item returned to functionality in an efficient manner. This review provides an overview of how remanufacturing reduces industrial costs. Its strategic importance is stressed and examples are given to illustrate how the concept is applied in a wide variety of industries.
Steve Statham
Pera Knowledge