Product Recall Management
Product recalls are costly to any consumer brand in any way possible. They cost money, time, effort and the trust of consumers. They’re also highly disruptive to the normal flow of business and if not efficiently managed, involve shutting down large sections of suppliers, the manufacturing line, stock flow and sales to resolve the issue.
With having data for every batch, instance or even serial instance of your products managed through an IoT Smart Products platform enables more efficient and smarter product recall management solutions to be implemented. Think about being able to flag one specific individual batch of your product for recall. Tracing the location of those products, making a more local recall announcement to consumers affected and then enabling the consumers to be able to scan their product and check the status of their instance to know if it has been marked for recall.