Replacement vs Refurbishment of Rolling Stock
Discover the key factors in making refurbishment vs replacement decisions and how to adapt to your specific market conditions.
What’s in this publication?
Effective life-cycle management of rolling stock is a critical challenge for railway operators worldwide. As fleets age and operational demands evolve, organisations must continually assess whether to invest in refurbishment of existing assets or proceed with full replacement. This decision is complex, requiring consideration of business and technical factors.
The purpose of this study is to identify the key considerations that influence decisions regarding the replacement versus refurbishment, uncovering the assessment frameworks, tools, and methodologies employed across different networks.
Contents:
- Key strategic factors for replacement vs refurbishment decisions
- Reviews of assessment frameworks and evaluation tools
- How organisations adapt methodologies to their specific conditions
