Strategic issues in product recovery management

Article Abstract:

This article examines strategic production and operations management issues in product recovery management (PRM). PRM encompasses the management of all used and discarded products, components, and materials for which a manufacturing company is legally, contractually, or otherwise responsible. The objective of PRM is to recover as much of the economic (and ecological) value of used and discarded products, components, and materials as reasonably possible, thereby reducing the ultimate quantities of wate to a minimum. This article also discusses the relevance of PRM to durable products manufacturers. It contains a categorization of PRM decisions. A case study based on the PRM system of a multinational copier manufacturer is presented to illustrate a set of specific production and operations management issues. The experiences of two other pro-active manufacturers (BMW and IBM) are also discussed. (Reprinted by permission of the publisher.)

Management, Corporations, Waste management, Salvage (Waste, etc.), Salvage (Wastes)

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Recovery on Par Despite Swings

Article Abstract:

Economic forecasts have tended to be up and down and sound like a weather forecast. The housing industry has been up. Business inventory increases is a good sign of improvements in the economy. The business outlook is good with capital spending on an upward path. The mood of the economy is described.

United States, Business, Forecasts and trends, Econometrics

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