A review of models for assessing the initiation of remanufacturing profitability: from a practical application perspective

Remanufacturing has been studied extensively from an economic modelling perspective. However, the number of studies focusing on models that consider the implementation difficulties in industry, such as data availability and model transparency, is low in comparison. This paper aims to identify how an initiation of remanufacturing can be economically assessed with models particularly suitable for implementation in industry. These models should contribute to spreading the know-how about initiating remanufacturing to transit industries towards more circular resource flows. To target the aim, a systematic literature review was conducted. The search resulted in a total of 964 papers published through August 2021. The relevant papers were categorised into a two-dimensional framework indicating the level of computer support needed to handle the model and the level of requirements to use the model in terms of data requirements, both of which are considered essential in the industrial implementation of the models. The review revealed a further need for research on assessing remanufacturing initiation profitability, especially on economic assessment models designed to assist industries without previous remanufacturing knowledge in such an initiation.
Remometer
Mistra REES