business model
Best practices
Integrating remanufacturing into production systems
Remanufacturing is the rebuilding, repairing or restoring of an end-of-life product or part to return it to like-new condition. Remanufactured products or parts should be backed by the same or similar level of warranty as new products. From a customer viewpoint, the remanufactured product can be...
Best practices
German window-maker applies functional sales model
See-through, long-term business relationships Functional business model values long-term relationships over one-off sales Materials in old windows are retrieved and re-used as part of the scheme Customers get the latest in window technology as part of the replacement-upgrade model The German window...
Best practices
Functional sales business model
As the name suggests, functional sales business models focus on adapting the function and benefits of a product or service to customer needs instead of emphasising the physical product per se. In such models, the ownership of the physical product often stays with the provider, and maintenance...
Best practices
Collaborative and circular business model
Changing the company business model can involve new services, products and approaches to sourcing resources and dealing with customers. The motivation could be to capitialise on a new value proposition aimed at current or new customers or to enter a totally new market niche. Some new business models...