Lecture: The Value of Information Systems for Product Recovery Management
February 19, 2013
2:00 - 3:00pm
Isenberg 306 (wheelchair accessible)
Dong "Michelle" Lee, , email@example.com
Isenberg Ph.D. Alumna Dr. Tina Wakolbinger will be presenting her research at this special UMass INFORMS "Meet an Isenberg PhD Alum event". All are invited to attend.
Abstract: Recovery operations for products at the end of their life play a critical role in achieving sustainable business practices. The importance of efficient Product Recovery Management operations is highlighted by the Waste Electrical and Electronics Equipment (WEEE) category of products. Governments worldwide are recognizing the importance of recovery operations for WEEE due to the high risk of hazardous material contamination of the product category as well as the potential economic value of the precious materials included. To accommodate special recovery regimes for this product category, governments have started setting up regulations that outline under what conditions WEEE will be recycled within their jurisdictions. This presentation sheds light on the role of information systems in product recovery management. Specifically the talk highlights conditions that ensure that investments in information systems are economically justifiable for manufacturers and when policy-makers need to consider facilitating their implementation.