Product Recall Costs
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.
Related Business Risks
Quarantine Logistics Delays
TGA Enforcement Actions
ACCC Consumer Recall Reporting
Chargeback Fraud Claims
Chargeback Processing Errors
Manual Chargeback Reconciliation
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