Our winter special issue features contributions on circular cities, highlighting the importance of urban centers in promoting cross-sector coordination and regenerative innovation in food, energy, construction, and waste
The Growing Strategic Importance of End-of-Life Product Management
Michael Toffel
ArticleIn-Depth
Abstract
Requiring manufacturers to manage their products when they become waste is an innovative form of regulation, one that has been adopted by countries in Asia, Europe, and North America on a variety of products that range from vehicles to appliances to batteries. However, even in many unregulated industries, some manufacturers are voluntarily assuming more responsibility for their end-of-life products, driven by customer demand and cost efficiencies. This article explores various forms of take-back regulation and highlights some of the key features of the institutions that emerge in response. In addition, it presents seven strategic product recovery alternatives, followed by a discussion of some factors managers should consider in developing a take-back strategy.