date:Jun 19, 2012
According a poll of 129 senior supply chain and operations executives in the food, beverage, consumer packaged goods, and life sciences sectors, 51.6% said a product recall would take days or weeks, rather than hours, and nearly half (45.7%) said they would be unable to isolate an affected product without impacting other items or lots. The survey was carried out on behalf of RedPrairie by Gateway Research.
Costing on average $10m, product recalls are understandably any company's worst nightma