Leaders in Remanufacturing
Join remanufacturing leaders and help grow the remanufacturing industry. For information, contact Paul H. Stiebitz at:
RIC Webinar Series
March 2, 2016, 1:00 pm ET – Vaughn Henson, General Manager at SRC Logistics: “Reverse Logistics – Making Better Core Management Decisions.”
April 20, 2016, 4:00 pm ET – Bill Davies, President, Davies Office: “Leveraging Sustainable Remanufacturing Solutions In Today’s Marketplace.”
Register by contacting: info@RemanCouncil.org.
Download the current issue of the Reman Register January 2016.
Follow RIC on LinkedIn to get updates on important events affecting our industry.
RIC will partner with RIT’s Center for Remanufacturing to offer several education and networking events in 2016. Events being planed include remanufacturing CEO and CFO forums and short courses on Condition Assessment, Material Restoration and Aging, and Electro-mechanical Component Remanufacturing. Stay tuned for dates and locations.
This week’s question: What are the top 3 regulatory challenges facing the reman industry? Send responses to Paul Stiebitz at RICdirector@RemanCouncil.org .
Upcoming RIC Webinar – Reverse Logistics – Rethink your reverse logistics program and make better core management decisions! Vaughn Henson, General Manager, SRC Logistics. Watch for details!
Accenture reported that The World Economic Forum’s Community of Young Global Leaders, has awarded the second annual “Circulars” at the Annual Meeting of the World Economic Forum in Davos-Klosters. The awards recognize individuals and organizations that have made notable contributions to the circular economy. Among the awards is the Accenture Award for Circular Economy Multinational to Veolia, for using circular strategies for re-manufacturing, prolonging product lifecycles, wastewater recycling and energy efficiency. Read more here.
RIC member WABCO has been recognized by investment community for fourth year in a row; its CEO, Jacques Esculier, was voted among ‘Top 3’ in Institutional Investor Magazine’s 2016 All-America Executive Team Survey. Congratulations! Read more here.
For the second year, SRC Automotive in Monett, a division of Springfield Remanufacturing Corporation, has donated a significant sum to the communities from which its workers come. The employee-owned company, which has operated in Monett since 2005, presented 11 checks, totaling $25,000. Much of the money targeted backpack programs at local public schools that provide food to children with a bag of child-friendly food items to take home every Friday of the school year. Nearly 1,600 children in over 50 schools in Springfield and across the Ozarks benefit from this life-saving program that began in 2003.
RIC continues to move forward with development of an American National Standards Institute (“ANSI”) standard to define and describe the process of remanufacturing. As an ANSI accredited standards developer, RIC enlisted a broad cross section of producers, users and other stakeholders to form a Consensus Body. The Consensus Body participated in the creation, refinement and approval of a draft standard document for public review and comment.
ANSI published the draft document for public review in its publication, “Standards Action” on December 18. RIC invites you to review the draft document and welcomes your constructive input during this comment period, which ends February 1, 2016. Please send your comments and suggested edits to Paul Stiebitz, Interim Executive Director, at RICdirector@RemanCouncil.org. The draft standard can be obtained here: RIC2015 Specifications for the Process of Remanufacturing Draft 11-25-15
The NIST Advanced Manufacturing Technology Consortia (AMTech) Program is supporting the development of an industry-wide technology roadmap for remanufacturing development. The project is being undertaken by Golisano Institute for Sustainability at RIT, in partnership with RIC, and will involve the 12 major U.S. remanufacturing sectors. The goal is to identify cross-cutting challenges facing the industry over the next 20 years and deliver a roadmap with a prioritized action plan for overcoming those challenges.
The timeline for the project is:
To date, a consortium steering committee has been formed, project beta website developed, and a situational analysis initiated.
Remanufacturing is a comprehensive and rigorous industrial process by which a previously sold, worn, or non-functional product or component is returned to a “like-new” or “better-than-new” condition and warranted in performance level and quality.
Remanufacturing is not the same as “recycling” or “repairing”.
Some of the most commonly remanufactured product categories are:
The US is the world’s largest producer, consumer and exporter of remanufactured products. In its 2012 report, the U.S. International Trade Commission estimated that that the value of US remanufactured production had reached $43 billion by 2011, supporting approximately 180,000 full-time jobs (Remanufactured Goods: An Overview of the U.S. and Global Industries, Markets, and Trade. U.S. International Trade Commission, October 2012).
While the United States and Europe have accounted for the bulk of remanufacturing activities and associated trade for many years, other countries have been rapidly developing their own remanufacturing industries.
A lack of awareness of remanufacturing and its benefits by dealers, customers and policymakers remains a major obstacle to growth of the industry.
Some of the benefits of remanufacturing include: