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November 22, 2022
The disruption to many global supply chains since early 2020 should have tested whether remanufacturing businesses achieve higher sales and profitability. To date, no one has published an academically rigorous survey of the €30-billion European remanufacturing sector’s performance since 2020. But the companies and organisations in our network at the European Remanufacturing Council have shared multiple anecdotes hinting that the past two years have provided, in some product sectors, exceptional financial returns. Some have even described circumstances in 2020 to 2022 as being on occasion “like trying to manage war-time supply conditions”.
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