Accelerating the Transition to a Functional Circular Economy by Mainstreaming Remanufacturing

Ramchandra,, Rajiv and Chalifoux, John and Ijomah, Winifred and Fitzsimons, David (2024) Accelerating the Transition to a Functional Circular Economy by Mainstreaming Remanufacturing. T20, Brasil. (https://www.t20brasil.org/en/pbs?nucleo_id=2)

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Abstract

Radically transforming global value chains is critical to succeeding in our collective ambition of co-creating a sustainable world. This ambition is exemplified in the G20’s vision of Designing a Circular Economy World through the establishment of the Resource Efficiency and Circular Economy Industry Coalition (RECEIC). The RECEIC highlights six Rs of circularity – redesign, reduce, reuse, remanufacture, repair, and recycle. Remanufacturing is an industrial process that restores end-of-life (EOL) goods to original working condition or better. It involves the collection, disassembly, cleaning, inspection, rebuilding/replacing, reassembly, and testing of goods such as automotive and aerospace components, medical devices and electronics, before they re-enter the market. Remanufactured goods are indistinguishable from new goods in terms of quality, performance, appearance, functionality and warranty, and in some cases can outperform

ORCID iDs

Ramchandra,, Rajiv, Chalifoux, John, Ijomah, Winifred ORCID logoORCID: https://orcid.org/0000-0002-0652-1486 and Fitzsimons, David;