Circular Economy – what does it mean for remanufacturing operations?

Remanufacturing is seen as a business opportunity venture, a means of economic growth and job creation. As a key enabler of sustainable production and consumption, remanufacturing operations clearly uphold the restorative and regenerative notions in a Circular Economy (CE). The meaning of the CE to remanufacturing operations, and thus the interpretation of its benefits, may vary from one industry sector to another, but a better understanding of the values of the CE would help players, stakeholders and practitioners in the remanufacturing industry to appreciate what it takes to transform existing remanufacturing operations into a more circular one.