🇦🇺Australia

Cost of Poor Quality from Recall Failures

2 verified sources

Definition

Poor traceability in product recall management results in identifying and isolating defective units inefficiently, leading to unnecessary recalls of entire batches, increased rework, inventory quarantine costs, and accounting adjustments like credit notes.

Key Findings

  • Financial Impact: AUD 100,000 - 1M per major recall event (over-recall waste, returns processing); 2-5% inventory value loss from quarantined stock
  • Frequency: Per recall incident, rising with defect rates
  • Root Cause: Lack of integrated ERP traceability systems causing manual delays in backward/forward tracing

Why This Matters

The Pitch: Household appliance manufacturers in Australia 🇦🇺 waste AUD 500,000+ annually on inefficient recalls. Automation of traceability eliminates over-recall waste and speeds compliance.

Affected Stakeholders

Quality Managers, Supply Chain Directors, Compliance Officers

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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