The looming risk of a recall keeps manufacturers of all sizes up at night. And for good reason. Research tells us that recalls continue to climb upward, with an aggregate increase of 10 percent between 2013 and 2018. A single recall can have widespread implications for consumer safety and lingering implications for consumer trust—not to mention cost in the millions if impacted products cannot be isolated and so all products must be recalled. The rising recall reality has placed new pressures on manufacturers and producers across sectors to put critical safeguards in place in order to prevent and address recalls more effectively than ever before.
In this use case, we’ll take a closer look at some of the challenges today’s manufacturers face related to product recalls, including: