With a new year upon us, most of us set new goals and wonder what the future will bring. When it comes to product recalls and the regulations that surround them, change often comes slowly – but it does happen. There are several emerging trends that are expected to continue into 2018 and beyond. Many of them are focused on ways to increase consumer awareness and response levels. New electronic alerts. In 2017, the U.S.
Continue ReadingDepending on how it is managed, a recall can be a minor blip in an otherwise banner year or a devastating episode for a company’s reputation, market share, and bottom line. But despite seeing example after example of negative headlines caused by recall mismanagement, companies continue to repeat many of the same blunders when the inevitable day comes when they experience a recall. The top recall mistakes tend to fall under three categories: moving too slowly, knowing too little, and being “penny wise, pound foolish.
Continue ReadingPicture it. You get word of a potential issue with a product. It may be a notification from a supplier, a routine test result, or a complaint from a consumer. After investigating, your company determines it is necessary to issue a recall. Hopefully you have a detailed plan in place, which allows you to begin executing the recall quickly. It outlines clear responsibilities for members of your internal team and lists several outside partners to assist with various steps of the recall life cycle.
Continue ReadingRecalls are difficult, complex events for any company to manage on their own. In many cases, recall partners are necessary to support one or more stages of the recall life cycle.
Continue ReadingThe rapid pace of innovation in medical devices resulted in an unfortunate side effect of increasing medical device recalls in the second half of 2016. Stericycle ExpertSOLUTIONS looks at trends in this industry and others in the recently released Recall Industry Spotlight. The biannual Industry Spotlight, which examines trends in a specific industry, found that medical device recalls heated up quickly as the year progressed, increasing 44 percent from the first half of the year.
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