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Revenue management in remanufacturing: perspectives, review of current literature and research directions

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  • Rajesh Kumar
  • Parthasarathy Ramachandran

Abstract

The pace of development in the world has increased over the years and with it, the use of hi-tech gadgets, consumer durables, automobiles, etc. has also gone up. In this context, as resources become more and more scarce, there are multiple challenges that emerge both from a sustainable development perspective, and from the perspective of meeting profitability objectives of a firm. Remanufacturing has come up in a big way as an answer to these challenges, but firms are struggling with respect to revenue management of this nascent area. We assess the current literature and distil the key factors that firms need to consider as they assimilate remanufacturing in their operations and revenue management strategy. We provide an assessment of white spaces in research in this area and also outline the directions for future research.

Suggested Citation

  • Rajesh Kumar & Parthasarathy Ramachandran, 2016. "Revenue management in remanufacturing: perspectives, review of current literature and research directions," International Journal of Production Research, Taylor & Francis Journals, vol. 54(7), pages 2185-2201, April.
    • Handle: RePEc:taf:tprsxx:v:54:y:2016:i:7:p:2185-2201
    DOI: 10.1080/00207543.2016.1141255
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    Citations

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    Cited by:

    1. Huihui Liu & Xiaohang Yue & Hui Ding & G. Keong Leong, 2017. "Optimal Remanufacturing Certification Contracts in the Electrical and Electronic Industry," Sustainability, MDPI, vol. 9(4), pages 1-17, March.
    2. Liu, Zhuojun & Diallo, Claver & Chen, Jing & Zhang, Michael, 2020. "Optimal pricing and production strategies for new and remanufactured products under a non-renewing free replacement warranty," International Journal of Production Economics, Elsevier, vol. 226(C).
    3. Liu, Zhuojun & Chen, Jing & Diallo, Claver, 2018. "Optimal production and pricing strategies for a remanufacturing firm," International Journal of Production Economics, Elsevier, vol. 204(C), pages 290-315.
    4. Li, Wei & Sun, Hui & Dong, Hao & Gan, Yuqin & Koh, Lenny, 2023. "Outsourcing decision-making in global remanufacturing supply chains: The impact of tax and tariff regulations," European Journal of Operational Research, Elsevier, vol. 304(3), pages 997-1010.
    5. Tian, Xiaoyu & Zhang, Zhi-Hai, 2019. "Capacitated disassembly scheduling and pricing of returned products with price-dependent yield," Omega, Elsevier, vol. 84(C), pages 160-174.
    6. Liu, Zhuojun & Chen, Jing & Diallo, Claver & Venkatadri, Uday, 2021. "Pricing and production decisions in a dual-channel closed-loop supply chain with (re)manufacturing," International Journal of Production Economics, Elsevier, vol. 232(C).
    7. Zikopoulos, Christos, 2022. "On the effect of upgradable products design on circular economy," International Journal of Production Economics, Elsevier, vol. 254(C).

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