Remanufacturing for the Circular Economy: A Business Model analysis

Business models based on remanufacturing are among the most promising ones for achieving Circular Economy. However, companies still find difficulties in understanding how business models could be reshaped to remanufacturing for the Circular Economy. In literature there is a paucity of contributions that define common guidelines on how to configure remanufacturing business models for the Circular Economy. Thus, this paper aims to outline a full list of configuration options that can be used in the development of remanufacturing business models for the Circular Economy. Configuration options are defined as key recurrent and common elements that are needed to setup a particular type of business model. A case study approach has been adopted to accomplish this aim. As a result, this study provides a case-based configuration of a generic remanufacturing business model for the Circular Economy. The full list of configuration options can be utilized to assist manufacturing companies in reshaping their value proposition, value delivery, value creation and value capture towards circularity based on remanufacturing.