Investment decision issues from remanufacturing system perspective: Literature review and further research

• Main Authors: Kafuku, John Mbogo, Mat Saman, Muhamad Zameri, Mohd. Yusof, Shar'i, Sharif, Safian, Zakuan, Norhayati
• Format: Article
• Published: Elsevier B.V. 2015
• Subjects: TJ Mechanical engineering and machinery
• Online Access: http://eprints.utm.my/id/eprint/59344/; http://dx.doi.org/10.1016/j.procir.2014.07.043
• Institution: Universiti Teknologi Malaysia

Recently, remanufacturing has become very popular as one of the most efficient and effective strategies for economic, social and environmental "end-of-life" product management. However, the literature is not yet exhaustive in determining holistic remanufacturing investment inputs, processes and output requirements. This paper introduces a new definition of remanufacturing system to map investment decisions and provides a conceptual framework for remanufacturing investment decision making indicating alternative pre-inputs essentials based on the level of technology and types of companies; information and physical resources as input requirements; and direct and indirect outputs. Furthermore, the framework provides a foundation to conduct cost-benefit analysis for remanufacturing investment alternatives. Lastly, the study highlights the existing challenges and barriers in remanufacturing.