Article | Open Access | Published: 27 May 2008
3 R's of Used Car Recovery in Philippine's Approach
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Abstract:
The used car market has been growing rapidly, because of fleet sales, improved reliability, and its longevity that which can be an economical means of product recovery market creation for developing countries like the Philippines. The purpose of this study is to provide in-depth insights into three specific product recoveries in the used car sector. It demonstrated the actual stage of 3 R’s operations (reconditioning, repositioning, and remanufacturing). This study makes several contributions to the literature on product recovery and innovation. First, it illustrated the concept of used cars as recyclable resources. Second, it described more precise definitions of the “re” of product recovery. Third, gave an in-depth background of the specifics procedures that took place at the industrial unit especially in medium and small-size used car trading enterprises, from the movements, production processes, quality tests, and fulfillment certifications and standards until the distribution to sale points at the domestic market. Fourth, provide proactive approaches to move 3 R’s into mainstream business practice. The aim was to disseminate this information more widely so that best practice from one community could spread to others with similar needs and circumstances.
Keywords:
fleet sales, improved reliability, developing countries, used car sector
Publisher:
ILMA UNIVERSITY
Published:
27 May 2008
Issue:
Issue 1 : Volume 4
E-ISSN:
2409-6520
P-ISSN:
2414-8393
This is an open access article distributed under the terms of the Creative Commons Attribution CC BY 4.0 license, which permits any use, distribution, and reproduction of the work without further permission provided the original author(s) and source are credited.