July 6, 2012 – It may be obvious that any company dreads a full-scale product recall, but for some organizations a total recall would be near impossible. Last month The Wall Street Journal reported the results of a study by the RedPrairie Corporation, which revealed that nearly 72 percent of senior supply chain and operations executives are not confident of their organization’s ability to fully trace and recall a product.
The Red Prairie Corporation is doing research on Commerce in Motion, and as part of that research, RedPrairie hired Gateway Research to speak with the supply chain and operations executives of 130 different food and beverage, life science, and consumer product goods companies. The point of this huge survey was to figure out just how confident these executives were in their companies’ ability to efficiently trace and recall products.
Out of those companies surveyed, just 51 percent are actually able to issue and execute a recall in a matter of hours; over 70 percent of executives are legitimately concerned about their organization’s ability to coordinate a recall with suppliers and distributors; and 46 percent of companies are struggling just to comply with minimum requirement regulations.
When to Contact a New York Defective Products Attorney
Being able to efficiently execute a product recall is an important function of any consumer-oriented company. If a company cannot fully recall a dangerous product in a reasonable amount of time, it is putting a great number of people at a huge and unnecessary risk.
If you have been injured while using a product that has since been recalled or may be defective, you may have a claim against the company that made it. To learn more about defective product law and schedule a free legal consultation, contact an attorney at the Law Offices of Gacovino Lake – 1-800-246-HURT (4878).