Acquisition and pricing strategies in hybrid manufacturing-remanufacturing systems

Li, Kai; Liu, Jing; Fu, Hong; Liu, Bohai

doi:10.1016/j.jmsy.2020.09.006

Cited by 22 publications

(9 citation statements)

References 33 publications

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“…Huang et al [52] explored the optimal pricing decisions for a retailer-dominated CLSC with a triple recycling channel in the construction machinery remanufacturing industry. Last, Li et al [53] compared the acquisition strategies of used products and the pricing strategies of new products and remanufactured products in different manufacturing-remanufacturing systems.…”

Section: Differentiated Pricing Strategies For Remanufactured Productsmentioning

confidence: 99%

Channel Selection of Closed-Loop Supply Chain for Scrapped Agricultural Machines Remanufacturing

Zhou¹,

Zhou

et al. 2023

Sustainability

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Along with economic development and technological innovation, rapid expansion of agricultural machinery has sparked widespread concern. In particular, the superiority of scrapped agricultural machinery recycling and remanufacturing in improving environmental sustainability, economic benefits, and carbon emission reduction has garnered public attention. Based on this reality, this study constructs models for five different agricultural machinery recycling channels according to different actors involved in recovery, dismantling, and remanufacturing. Each model’s equilibrium is determined by mathematical deduction. The applicable condition of each model and the influence of multiple factors are analyzed. The results indicate the following: (i) no single recycling channel is definitely superior to others, and different channels have their own applicable conditions that are influenced by transfer payments, supply chain cooperation, recycling prices, and supply and demand; (ii) cooperative scenarios are more conducive to attracting third-party enterprises to participate to increase supply chain revenue; (iii) rise in recovery and remanufacturing prices may lead to divergence among supply chain parties on channel selection; and (iv) oversupply requires government subsidies to maintain recycling and remanufacturing.

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Section: Differentiated Pricing Strategies For Remanufactured Productsmentioning

confidence: 99%

Channel Selection of Closed-Loop Supply Chain for Scrapped Agricultural Machines Remanufacturing

Zhou¹,

Zhou

et al. 2023

Sustainability

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“…Wei et al derive collection incentive pricing strategies under the assumption of quality following a uniform distribution and partitioned [10]. Li et al compare the original equipment manufacturer (OEM) and the third-party remanufacturer (3PR) in different UP acquisition pricing models between economy and environment [11]. Liu et al study optimal recovery of UP pricing decision based on convex collection [12].…”

Section: Pricing Decisions Of Remunufacturingmentioning

confidence: 99%

Based on the multi-level optimization model of remanufacturing and pricing balance strategy research under TIFR subsidy in China

2021

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Remanufacturing is one of the most effective forms of the recycling economy, and the “Trade-in for Remanufacturing” (TIFR) program in China plays an important role in the development of remanufacturing. To understand this new business model of remanufacturing, the price and demand relationship of the NP and RP are examined in two periods, considering TIFR subsidy which is in practice in China. Comparing integrated optimization scheme and tiered optimization scheme, this paper then researches the pricing strategy with TIFR subsidy respectively, as multi-object optimization is employed in the latter scheme. Tiered optimization pricing is found to improve the old customer’s TIFR enthusiasm, balance the remanufacturing system and work better with TIFR subsidy through numerical experiments. This paper studies the impacts of subsidy rate, receptiveness to RP, and the mixture of them, then verifies the proposed model and gives an inspiration to the management of the new remanufacturing business model about TIFR subsidy.

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“…Remanufacturing is an effective way to improve a firm's profit and serve social sustainability, which has gotten a great deal of publicity [8,25]. A large number of firms have engaged in remanufacturing due to its economic and environmental benefits, for example, Sinotruk Jinan Fuqiang Power Co., Ltd, a firm remanufacturing heavy truck engines, can save 60 percent of energy, 70 percent of materials, and 80 percent of emissions by using wear-resistant materials and advanced surface engineering technology [14]. Volkswagen establishes a powertrain remanufacturing base in cooperation with China First Automobile Works Group Corporation (FAW) to remanufacture engines.…”

Section: Introductionmentioning

confidence: 99%

Two-sided vertical competition considering product quality in a manufacturing-remanufacturing system

Kai¹,

Li²,

Liu³

et al. 2023

JIMO

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<p style='text-indent:20px;'>We study two-sided vertical competition between a manufacturer and a supplier. The problem is formulated as a dynamic game where the supplier has more pricing power than the manufacturer. Based on the one-sided vertical competition modes with different recyclers as benchmarks, we derive optimal pricing and production decisions of manufacturer and supplier and further study the impacts of product quality on those decisions under the two-sided vertical competition mode. A key finding is that manufacturer/supplier prefers to be a follower rather than the first one to engage in recycling activities. Specifically, when the manufacturer/supplier has engaged in recycling activities, the supplier/manufacturer has an incentive to participate in recycling activities as well. We also find that high-quality remanufactured components/products can benefit manufacturer, supplier and consumers at the same time.</p>

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Acquisition and pricing strategies in hybrid manufacturing-remanufacturing systems

Cited by 22 publications

References 33 publications

Channel Selection of Closed-Loop Supply Chain for Scrapped Agricultural Machines Remanufacturing

Channel Selection of Closed-Loop Supply Chain for Scrapped Agricultural Machines Remanufacturing

Based on the multi-level optimization model of remanufacturing and pricing balance strategy research under TIFR subsidy in China

Two-sided vertical competition considering product quality in a manufacturing-remanufacturing system

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