Manufacturers are operating in a global marketplace. They source raw materials and parts from global suppliers and outsource to contract manufacturers and packagers to maximize efficiencies. Developing a finished product where there are so many moving parts outside your control is not only challenging but risky too. It is estimated that half of all product recalls can be attributed to supplier and contract vendor issues, leading the brand owner to bear the brunt of the costs and impact to their reputation.
Join us to learn some of the ways leading companies are tackling this problem firsthand and how your organization can protect your products and consumers as well.