One of the most important risks of poor product compliance is loss of sales due to import delays, import stops or sales bans.
One of the most important risks of poor product compliance is loss of sales due to import delays, import stops or sales bans.
In addition to loss of sales, non-compliant products often lead to subsequent product changes and relabeling measures, withdrawal and destruction of products, product recalls, fines or even claims for damages from customers
A serious consequence of product compliance violations is long-term damage to the image of end consumers and trading partners, as well as banks and investors
The liability of managing directors, board members and senior executives for breaches of product compliance regulations is a serious but often unrecognized risk.
The diverse requirements for products and their regular changes and tightening can only be guaranteed by a suitable information and document management system, especially for larger product ranges
The diverse requirements for products and their regular changes and tightening can only be guaranteed by a suitable information and document management system, especially for larger product ranges
It is crucial for the success of a company that product compliance requirements are taken into account early on in the development and ordering process in order to keep the market launch and costs competitive
Specialists with proven product compliance expertise are extremely rare. Even junior staff with an interest in product compliance are hard to find, meaning that outsourcing product compliance activities is often the only alternative