Dec 7, 2017
Remanufacturing legend Jack Stack freely admits he adores the industry. He talks to ReMaTecNews US correspondent Denise Rondini about challenges, what companies needs to do to overcome them – and why he lives by income statements.
If you ask Jack Stack, CEO of SRC Holdings, what’s changed in remanufacturing since he first started the company in 1983, he’ll tell you ‘not much’. “My feeling is that it is still not consumer-driven,” he says. “When it comes down to going out and appealing to the consumer, I think we fall short.” Stack says it is the remanufacturing industry itself that has failed to do a good job of educating the consumer about its benefits – and that lack of education is in part responsible for one of the biggest challenges faced by remanufacturing: a shortage of new talent. Stack is addressing that challenge by developing a remanufacturing programme at the Ozarks Technical College. “We are now running and have classrooms inside our factory that are available to high school juniors and seniors who want to understand manufacturing and remanufacturing,” Stack explains.