🇦🇺Australia

Product Recall Costs

1 verified sources

Definition

Sponsors must recover and dispose of quarantined goods, hold them separately until rectification or destruction, leading to direct inventory losses and operational costs.

Key Findings

  • Financial Impact: AUD 10,000-100,000+ per recall event in inventory write-offs and recovery (industry typical for therapeutic goods batches)
  • Frequency: Per recall incident, multiple per year for wholesalers
  • Root Cause: Manual quarantine and recovery without automated tracking

Why This Matters

The Pitch: Wholesale Drugs and Sundries players in Australia 🇦🇺 waste AUD 50,000+ per major recall on quarantine and disposal. Automation of notification and tracking eliminates this risk.

Affected Stakeholders

Warehouse Managers, Compliance Officers, Sponsors

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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