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Product Recall Management: Preparation, Execution and Recovery

AUTHOR Von Schlieben-Troschke, Jan; Heidari, Setareh; Raithel, Sascha
PUBLISHER Springer (11/06/2024)
PRODUCT TYPE Paperback (Paperback)

Description

Product recalls affect thousands of products globally each year, impacting millions of customers and causing severe consequences for companies. For instance, Takata's airbag recall cost $25 billion and led to bankruptcy. Similarly, a viral video showing a Kryptonite bike lock easily broken damaged customer trust significantly.

Effective recall management is crucial. It involves addressing supply chain, production, legal, and customer relationship aspects, with marketing playing a key role. A well-managed recall limits company damage and protects customers, while also considering investors, regulatory agencies, policymakers, and the public.

This book offers guidance on developing a recall strategy, communicating safety risks, and restoring trust post-crisis. It provides detailed recommendations for recall management across different phases, with insights into consumer goods, food, and automotive sectors, and shows the broader impact of product defects.

This book is a practical toolkit for managers, backed by current research and real-world case studies, ensuring effective navigation through product recalls.

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Product Format
Product Details
ISBN-13: 9783658455866
ISBN-10: 3658455861
Binding: Paperback or Softback (Trade Paperback (Us))
Content Language: English
More Product Details
Page Count: 164
Carton Quantity: 0
Product Dimensions: 5.60 x 0.30 x 7.90 inches
Weight: 0.60 pound(s)
Country of Origin: NL
Subject Information
BISAC Categories
Business & Economics | Marketing - General
Business & Economics | Production & Operations Management
Business & Economics | Finance - Financial Risk Management
Descriptions, Reviews, Etc.
jacket back

Product recalls affect thousands of products globally each year, impacting millions of customers and causing severe consequences for companies. For instance, Takata's airbag recall cost $25 billion and led to bankruptcy. Similarly, a viral video showing a Kryptonite bike lock easily broken damaged customer trust significantly.

Effective recall management is crucial. It involves addressing supply chain, production, legal, and customer relationship aspects, with marketing playing a key role. A well-managed recall limits company damage and protects customers, while also considering investors, regulatory agencies, policymakers, and the public.

This book offers guidance on developing a recall strategy, communicating safety risks, and restoring trust post-crisis. It provides detailed recommendations for recall management across different phases, with insights into consumer goods, food, and automotive sectors, and shows the broader impact of product defects.

This book is a practical toolkit for managers, backed by current research and real-world case studies, ensuring effective navigation through product recalls.

Show More
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Paperback