Expert Recall

By Mike Rozembajgier

As many of us are returning from the holiday break and family vacations, I am reminded of a business lesson:  “Risk doesn’t take a vacation.”

A few weeks ago I attended Directorship’s Boardroom Leaders Forum – “New Voices in the Boardroom” at The Metropolitan Club in New York City.  The meeting brought hundreds of board members and high-level executives from a host of industries together to discuss what’s keeping board members awake at night – critical issues like crisis communication, compensation, and risk management.

With regard to risk, companies look to familiar bell weathers – financial fluctuations, the impact of globalization and competitive outlooks; but with today’s heightened regulatory oversight, a more frequent conversation involves product recall risk.

For those companies that manufacture products used or consumed by consumers/patients this risk must not be overlooked. Taking steps to be prepared can make all the difference when it comes to the safety of the consumer, the survival of a brand, or the financial future of a company.

One relatively easy step in mitigating recall risk is taking simple recall preparedness steps: identifying your core team, drafting a recall plan, conducting a mock exercise.

We all enjoy our vacations, but recalls happen 24/7. Recall risk doesn’t take a vacation.

Stericycle ExpertRECALL™ is the industry leader in recall logistics and regulatory compliance for consumer product, pharmaceutical, medical device, juvenile product, and food and beverage recalls. ExpertRECALL’s professionals are experts in recall management who can help you streamline the entire product recall process.