Recycle An Existing Product
When you recycle an existing product, you take a product that has come to the end of its useful condition and either rebuild it to a "like new" state or remanufacture it into another product.
Some Examples
-
A company retrieves alternators and starters from wrecked cars, rebuilds them and sells them as reconditioned parts.
-
A man reconditions non-working or unwanted household appliances and then resells them.
-
A company takes motors out of junked cars and remanufactures them into inboard marine motors.
-
A firm turns discarded tires into floor mats for workshops and garden centres.
How To Do It
- Find a product which:
- wears out with use over time;
- can be rebuilt by adding new parts or re-conditioning old parts to original standards; and
- is expensive enough when new to warrant a rebuild which can then save customers money.
- Find a product with components that can be used to make a different product. To identify a product with recyclable parts, look for one which:
- wears out with use over time
- is not worth rebuilding to a "like new" condition;
- has one or more components which are still in usable condition and
- can become an inexpensive source of parts or materials which would cost more if purchased new.
-
Find out if the used products or parts can be obtained easily, economically and reliably.
-
Develop a procedure to disassemble, rebuild and reassemble the components.
-
Determine whether there is a market for the reconditioned or newly created products by talking to potential customers.
Key Questions
What used product could be rebuilt or turned into a new product?
Is there a market for the reconditioned or new item?
Can the recycling procedure be carried out practically and efficiently?
Return to Forty concepts Table of Contents
|