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Optimal Configuration Strategies for a Remanufacturing Firm: A Conceptual Framework

Author

Listed:
  • Amol Vasant Bhide

    (Indian Institute of Management)

  • Milind M. Akarte

    (Indian Institute of Management)

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.

Suggested Citation

  • Amol Vasant Bhide & Milind M. Akarte, 2024. "Optimal Configuration Strategies for a Remanufacturing Firm: A Conceptual Framework," International Journal of Global Business and Competitiveness, Springer, vol. 19(1), pages 71-81, June.
    • Handle: RePEc:spr:ijogbc:v:19:y:2024:i:1:d:10.1007_s42943-024-00093-7
    DOI: 10.1007/s42943-024-00093-7
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    References listed on IDEAS

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    More about this item

    Keywords

    Competitiveness; Hybrid manufacturing and remanufacturing system (HMRS); Decision support system; Collaboration; Configuration;
    All these keywords.

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms

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