How DBRC can help

These are the areas where we can assist with your product risk management:
 

• Product or Supply Chain risk management assessments.
• Product Recall planning and plan audits.
• Incident Response Team planning; for product withdrawal and recall or malicious product tamper events.
• Crisis simulation and response team training.
• Product risk overviews, complementing Brand risk management processes or consulting assignments.

The Need

Product defects:

Manufacturers’ are liable for defects in their products. Product safety and performance are headline issues on each Board’s risk agenda. Now, product importers and distributors also find themselves with direct liabilities in these areas.  Companies that neglect their product risks can incur crippling downsides when things go wrong with their products in the marketplace.

Product counterfeiting:

Product counterfeiting has also become endemic across almost all markets. Brand Owners can find their market share eroded and reputations exposed to significant damage through fake branded products circulating in their marketplaces.

Best practice

The most competitive and alert companies understand these risk exposures and bring them under the protective surveillance of their risk management procedures.
 

Product risks and obligations need to be understood and managed carefully by every company; they must not be left alone or ignored.