Dynamic buy-back for product recovery in end-of-life spare parts procurement

Autor/innen

  • Rainer Kleber
  • Tobias Schulz
  • Guido Voigt

DOI:

https://doi.org/10.24352/UB.OVGU-2018-405

Schlagworte:

Inventory Management, Spare Parts Management, Reverse Logistics, Buy-back

Abstract

The efficient supply of spare parts is of prime concern for OEMs. Next to the traditional spare parts sources in form of final order and remanufacturing, the option to buy back broken products prevents the OEM from fulfilling his spare parts availability obligation in the end-of-life phase and increases his ability to remanufacture. This contribution seeks to identify optimal buy-back strategies for different settings regarding information availability and buy-back flexibility. A numerical study analyzes circumstances under which buy-back is especially beneficial for the OEM.

Veröffentlicht

2018-09-05

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