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| How Supply Chain Leaders Protect Their Brands: A Benchmark Report on Regulatory Compliance and Product Safety Mandates for Food, Pharmaceuticals, Consumer Products, and Medical Devices | ||
| By Frank DiPietro | ||
| Title: | How Supply Chain Leaders Protect Their Brands: A Benchmark Report on Regulatory Compliance and Product Safety Mandates for Food, Pharmaceuticals, Consumer Products, and Medical Devices View This Document |
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| Report Type: | Analyst Reports | |
| Report Summary: | Financial scandal, product defect and contamination, or terrorist activity can cost companies billions of dollars and threaten their viability. Beyond the challenge of regulatory compliance, companies producing food, pharmaceuticals, consumer products, and medical devices are most concerned about protecting their brand, trademark and business reputation. Brand damage resulting from product recall and regulatory non-compliance was cited by over 60% of companies, as a major concern. Any recall due to product safety will have a significant impact on an organization, an obstacle it may not be able to overcome. Best in Class companies respond to these challenges by improving their inward and out-ward facing compliance processes. These efforts make them better able to respond to new regulatory initiatives and convert compliance burdens into improved efficiencies. | |
| Language: | English | |
| File Type: | ||
| Company's Name: | Aberdeen Group | |
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