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Managing Quality And Pricing During A Product Recall
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Book Synopsis Managing Quality and Pricing During a Product Recall by : Arka Mukherjee
Download or read book Managing Quality and Pricing During a Product Recall written by Arka Mukherjee and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Supply Chain Quality Management by : Barbara B. Flynn
Download or read book Global Supply Chain Quality Management written by Barbara B. Flynn and published by CRC Press. This book was released on 2014-11-21 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: While there is substantial research surrounding manufacturing and design-related product hazards, little has been written about supply chain product hazards and how they impact supply chain quality management. Filling this need, Global Supply Chain Quality Management: Product Recalls and Their Impact draws together key insights and research findings from a global research project on product safety and recalls. The book presents detailed case studies of six extended global supply chains within three industries: toys, food, and pharmaceuticals. These case studies cover U.S. companies with supply chains that extend into China and provide the perspectives of both U.S. and Chinese executives. It includes coverage of several highly publicized product recalls, including Ford Pinto, Extra Strength Tylenol, melamine-tainted milk, Mattel, and Toyota. Presenting detailed examples of both poor and best practices, the text supplies firsthand accounts from key players in well-known product recalls. It outlines an event study methodology that can help readers determine the true financial impact of a product recall announcement. It also describes how to conduct controlled experiments to determine the effect of various recall strategies on consumers. The book describes how alternative product recall strategies can influence consumers' perception of your organization's corporate social legitimacy as well as their future purchasing behaviors. Although the text focuses on product quality within the supply chain, it also sheds light on other sources of product hazards—sharing a wide-ranging perspectives and current methodologies.
Author :American Society for Quality. Product Safety and Liability Prevention Interest Group Publisher : ISBN 13 :9780873894579 Total Pages :0 pages Book Rating :4.8/5 (945 download)
Book Synopsis The Product Recall Planning Guide by : American Society for Quality. Product Safety and Liability Prevention Interest Group
Download or read book The Product Recall Planning Guide written by American Society for Quality. Product Safety and Liability Prevention Interest Group and published by . This book was released on 1999 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recall of a product is an expensive and traumatic incident. Product liability insurance only provides protection against financial losses due to claims and lawsuits. It normally does not protect against the high costs of handling product recalls. To keep costs down, manufacturers must be ready with a recall plan. The Product Recall Planning Guide will help you plan your recall process. Methodologies for product liability prevention are also included.
Book Synopsis Product Recall Guidelines by : British Retail Consortium
Download or read book Product Recall Guidelines written by British Retail Consortium and published by The Stationery Office. This book was released on 2003 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: Legislation places obligations on all those in the supply chain to ensure that only safe products are placed on the market. However, there will be occasions where mistakes occur or there are unforeseen circumstances that place the consumer at risk. Every year a significant number of products are withdrawn from the market , and in cases where the safety risk to the consumer is judged to be high, these result in product recalls. This publication provides practical guidance and advice on the key requirements for the product recall process, particularly to small and medium-sized companies who may lack experience in the handling of product safety issues. It is designed to assist the development of policies and plans that can be linked to detailed operational procedures, with the aim of providing improved consumer protection whilst minimising the commercial impact.
Book Synopsis Three Essays on the Effects of Product Recall on Decision Making by : Arka Mukherjee
Download or read book Three Essays on the Effects of Product Recall on Decision Making written by Arka Mukherjee and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effects of product recalls can be utterly disastrous for the firm responsible for the recall. A recalling firm may bear substantial external failure costs along with sales loss due to a tarnished goodwill. Deciding the pre-recall and post-recall advertising, price and quality are crucial for both the recalling firm and its rivals. Using a differential game theoretic modelling approach, we develop and analyze theoretical models associated with a product recall and study the effect of the same on supply chain decision making. In our first essay, we analyze a scenario with two manufacturers under goodwill-advertising competition. Either one firm or both firms can be susceptible to recall a product, and both are aware of the recall likelihood ex-ante. We examine the pre-crisis and post-crisis equilibrium advertising efforts and effect of recall on firms' profits when firms are farsighted or "hazard myopic. We show that the variance of advertising in the two periods and the profits of the firms depend on crisis likelihood and impact. The trade-off between the likelihood of crisis and its impact explains the previous conflicting findings of the literature. In our second essay, we investigate joint decisions of pricing and advertising for mitigating the harmful effects of a product recall on a firm and the negative spillover effect on a rival firm. We recommend the equilibrium pricing and advertising policies of the two competing firms under product recalls of different impact and likelihood. We compare the case when the focal firm is a market leader to the case when both firms are similar. In the third essay, we define two contracts for managing "collateral damage" during a product recall. We show that adopting a cost-sharing contract can be beneficial for suppliers and manufacturers. We found that cost-sharing decisions, advertising efforts and quality efforts vary under different scenarios. There may be individual motivation for the firms to move against a contract under different crisis likelihood and impact. Nevertheless, the supply chain profit is always higher under a contract.
Book Synopsis Managing Product Recalls by : Edward Patrick McGuire
Download or read book Managing Product Recalls written by Edward Patrick McGuire and published by . This book was released on 1974 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Product Recall Management by : Sascha Raithel
Download or read book Product Recall Management written by Sascha Raithel and published by Springer. This book was released on 2024-10-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Product recalls affect thousands of products globally each year, impacting millions of customers and causing severe consequences for companies. For instance, Takata’s airbag recall cost $25 billion and led to bankruptcy. Similarly, a viral video showing a Kryptonite bike lock easily broken damaged customer trust significantly. Effective recall management is crucial. It involves addressing supply chain, production, legal, and customer relationship aspects, with marketing playing a key role. A well-managed recall limits company damage and protects customers, while also considering investors, regulatory agencies, policymakers, and the public. This book offers guidance on developing a recall strategy, communicating safety risks, and restoring trust post-crisis. It provides detailed recommendations for recall management across different phases, with insights into consumer goods, food, and automotive sectors, and shows the broader impact of product defects. This book is a practical toolkit for managers, backed by current research and real-world case studies, ensuring effective navigation through product recalls.
Book Synopsis Managing Product Recall by : Howard Abbott
Download or read book Managing Product Recall written by Howard Abbott and published by Trans-Atlantic Publications. This book was released on 1991 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers information on product recall based on the author's own experiences in helping companies recall products, both by prevention due to planning ahead and in actual recalls occasioned by accidental defects or deliberate contamination of products. Topics covered include marketing and the law.
Book Synopsis Managing Quality in The 21st Century by : Graeme Knowles
Download or read book Managing Quality in The 21st Century written by Graeme Knowles and published by Bookboon. This book was released on 2012 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Food Industry Quality Control Systems by : Mark Clute
Download or read book Food Industry Quality Control Systems written by Mark Clute and published by CRC Press. This book was released on 2008-10-22 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a sordid litany of recalls courtesy of the food industry, consumers are pointing the finger at companies that have failed to institute proper recall prevention techniques. While historical analysis shows no company is exempt from recall risk, most can be prevented with an efficient and verifiable quality control program.Authored by a 20-year
Book Synopsis Managing Quality by : Barrie G. Dale
Download or read book Managing Quality written by Barrie G. Dale and published by John Wiley & Sons. This book was released on 2016-06-21 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential quality management resource for students and practitioners alike—now in its sixth edition This popular and highly successful text on Quality Management has been fully revised and updated to reflect recent developments in the field. New to the Sixth Edition is timely coverage of agile development, emerging markets, product research, evidence based decision-making, and quality control. Some of the material has been re-ordered and changes to terminology have been made to bring the book completely up to date. Contributions from new co-author David Bamford offer insights from a veteran teacher and practitioner. A popular resource for students, academics, and business practitioners alike Combines the latest information on quality management system series standards with up-to-date tools, techniques and quality systems Includes insights on quality, operations management, and strategic process improvement Highly relevant for professionals, particularly those involved with reacting to rapid developments in the global market The word "quality" has many definitions, dependent on context and situation. It is often over-used but always in-demand, and it can make or break a business. Quality management is becoming an increasingly vital factor in the success of a product or service, and it requires constant attention and a continuous drive to do better. Managing Quality is a comprehensive resource that helps you ensure – and sustain – high quality standards.
Book Synopsis Managing Quality : Concepts And Tasks by : N.S. Sreenivasan
Download or read book Managing Quality : Concepts And Tasks written by N.S. Sreenivasan and published by New Age International. This book was released on 2007 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Book Covers The Entire Gamut Of Concepts And Tasks In Management Of Quality Spread Over 27 Chapters In 7 Parts. The Quality Journey Starts With The Presentation Of Pivotal Role Quality Has Come To Play In The Present Business Environment. The Journey Continues Through All Facets OfQuality Development And Achievement Planning For Quality, Organizing For Quality, Spc And Other Tools And Techniques, Quality Improvement, Vendor Quality Control, Customer And Quality, Training For Quality Etc.An Exclusive Chapter On Assurance Of Quality In Project Planning And Execution Is Special Feature Of This Book. Likewise, An Exhaustive Checklist Of Over 300 Deficiencies In The Chapter On Quality Audit Very Handy In Audit Assessment Is Another Unique Feature. The Perspectives Of Product Liability And Maturity Evaluation In Management Of Quality Are Other Important Dimensions Of The Coverage. Practical Illustrations And Elaborations Of The Concepts Are To Be Seen In As Many As 33 Exhibits In The Book. The Journey Concludes With An Epilogue On Challenge Of Quality And Heritage To Emulate And Perpetuate. The Wealth Of Concepts And Depth Of Discussions Are The Highlights Of The Presentations.
Book Synopsis Guide to Quality Management Systems for the Food Industry by : Ralph Early
Download or read book Guide to Quality Management Systems for the Food Industry written by Ralph Early and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whenever I step into an aeroplane I cannot avoid considering the risks associated with flying. Thoughts of mechanical failure, pilot error and ter rorist action fill my mind. I try to reassure myself with statistics which tell me there is greater chance of injury crossing the road. The moment the plane takes off I am resigned to my fate, placing faith in pilots who are highly qualified and superbly trained for the task of delivering me safely to my destination. To be a passenger in an aeroplane is to express faith in the systems used by the airline. It is to express a faith in the quality of the airline's organisation and the people who work within it. The same is true of surgery. Thoughts of mortality are difficult to avoid when facing the surgeon's knife. However, faith in the surgeon's training and skill; faith in the anaesthetist and theatre technicians, faith in the efficient resources and quality of the hospital all help to convince that there is little need to worry. Apart from flying and surgery there are many facets of life which entail risk, but, knowing the risks, we willingly place our confidence in others to deliver us safely. In the consumption of food, however, few of us consider the risks. Everyday, if we are fortunate, we eat food. Food sustains and gives us pleasure. Food supports our social interactions.
Book Synopsis Managing Product Recall by : Howard Abbott
Download or read book Managing Product Recall written by Howard Abbott and published by . This book was released on 1991 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The AMA Handbook of Project Management by : Paul C. Dinsmore
Download or read book The AMA Handbook of Project Management written by Paul C. Dinsmore and published by AMACOM. This book was released on 2010-09-15 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive reference presenting the critical concepts and theories all project managers must master, The AMA Handbook of Project Management compiles essays and advice from the field’s top professionals. Compatible with the most recent edition of the Project Management Body of Knowledge® and featuring new data on the Project Management Office, the completely revised third edition shows readers how to: • Establish project goals • Implement planning on both the strategic and operational levels • Manage the project life cycle and meet objectives • Budget the project • Handle the transition from project idea to project reality • Manage political and resource issues Packed with research-based information and advice from experienced practitioners—as well as new information on agile project management, Six Sigma projects, the use of social media, and the alignment of strategy and projects—this guide is a vital resource for everyone involved in project tasks.
Book Synopsis Measuring and Managing Quality Costs by :
Download or read book Measuring and Managing Quality Costs written by and published by McGraw-Hill Companies. This book was released on 1999 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "These course materials were prepared solely for continuing education purposes, and are designed to be used only in accordance with AICPA Professional Development Programs."
Book Synopsis Guide to Food Safety and Quality During Transportation by : John M. Ryan
Download or read book Guide to Food Safety and Quality During Transportation written by John M. Ryan and published by Academic Press. This book was released on 2013-12-30 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guide to Food Safety and Quality During Transportation provides a sound foundation for the improvement of the transportation sector responsible for the movement of food. While food safety agencies have been focused on producer, processor, retail, and restaurant food safety, the industry that moves the food has been largely overlooked. Ensuring trucks and containers are properly cleaned and disinfected, proper maintenance of refrigeration temperatures during transport, and avoiding paperwork delays are all areas of concern. Lack of government oversight has resulted in multiple, non-standardized approaches to food safety that are inspection-dependent. This book focuses specifically on the food movers normally overlooked by today's food safety auditors, compliance schemes, government agencies, quality control personnel, and transportation executives. It outlines delivery control solutions and provides basic standards designed to protect the transportation industry, as well as addressing problems associated with food transportation and practical solutions that are focused on container sanitation and traceability food safety and quality needs. Explores food transportation in transition including science, research, current writings and law, bringing the reader quickly up to date on industry practices and trends Presents case studies of the latest resources for identifying, tracking, and addressing safe transport issues Includes FDA and USDA Guidance information , standards and certification, and food safety and quality planning procedures to establish a foundation for transportation system prevention, implementation, standardization, measurement and improvement