News: Go on green - the merits of remanufacturing
Modern Materials Handling, a US journal reports that just by using remanufactured goods, companies can reduce costs and have an impact on the environment.
Wednesday, 5th March 2008
MMH Advisory Board member Ron Giuntini (OEM Product-Services Institute) reports that this cost reduction is often 30% or greater for "exchange" transactions (trade-in used/impaired good for a remanufactured good). Reman is multiple times more environmentally friendly than almost all forms of pollution prevention. It eliminates the need to employ 85% of the resources required to manufacture a new-condition good. This is the ultimate form of "lean." The authors of lean, Womack et al, have recently done a mea culpa and admitted that focusing on leaning-out supply has marginal impacts on the bottom line, but leaning-out demand is truly the "holy grail." This is exactly what reman accomplishes. The carbon credits in using reman vs. new-condition goods will become highly material to "truly" having a favorable impact on the environment.
CER to open SPARK Workshop on Circular Economy
David Fitzsimons, in his capacity as director of the European Remanufacturing Council (CER), will be opening a SPARK workshop event in Cardiff on 28th March.
RICS tackles the Circular Economy and Public Interest
David Fitzsimons will take part in a breakfast discussion at the ICE to answer the question: why is the Circular Economy still only a minority issue among business leaders and policy makers?
CRR to facilitate at G7 Resource Efficiency Alliance inspired workshop in Brussels
David Parker and Edward Sims will be facilitating sessions of the EC / IRP Workshop in Brussels on 7 and 8 February on 'Promoting Remanufacturing, Refurbishment, Repair, and Direct Reuse'