Product Reuse Economics in Closed-Loop Supply Chain Research
Atalay Atasu, V. Daniel R. Guide Jr., Luk N. Van Wassenhove
Production and Operations Management · 2008 · Volume 17 · Issue 5
Abstract
This paper provides a critical review of analytic research on the business economics of product reuse inspired by industrial practice. Insights and critical assumptions are provided for each paper. We further classify the research into four streams: industrial engineering/operations research, design, strategy, and behavioral, and present a framework linking these streams. We find that some modeling assumptions risk being institutionalized, and suggest a renewed exploration of industrial practice. Future research should also include empirical work on consumer behavior, product diffusion, and valuation of returns.
Keywords
closed-loop supply chains, remanufacturing, reverse logistics, reuse economics
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