The U.S. Consumer Product Safety Commission requires companies to report possible product defects that may lead to product hazards. If a company fails to comply with CPSC rules, the damage may prove to be costly. In many instances, a CPSC penalty
The U.S. Consumer Product Safety Commission (CPSC) requires notification about product defects that may constitute a product hazard. If a business ignores CPSC reporting guidelines, it risks steep fines that may cause long-lasting problems. Even a
Kawasaki, a recreational off-highway vehicle (ROV) provider, has received a $5.2 million civil penalty from the U.S. Consumer Product Safety Commission (CPSC). The penalty settles charges that Kawasaki failed to immediately report to the CPSC that
Consumer safety often separates an ordinary business from an industry leader. In fact, a company that allocates the necessary time and resources to develop an effective consumer safety plan could boost its earnings, increase its customer satisfact
Consumer safety hazards cause headaches for businesses around the world. Yet companies that allocate the necessary time and resources to understand consumer safety dangers may be able to eliminate such problems early in the product development cyc
Consumer safety management involves extensive time and resources. With a comprehensive consumer safety strategy in place, business managers can transform product quality and safety analysis into a collaborative effort, one that extends across all
Product defects, warranty claims and other consumer safety issues sometimes can be difficult to understand. Fortunately, technologies are available to help managers make sense of consumer safety data and gain the insights they need to put product
Consumer safety is the staple of a top business, and perhaps it is easy to understand why. Ultimately, business managers who understand the importance of consumer safety can drive ongoing innovations and improvements. These managers may be better
Consumer safety is important, regardless of a company’s size, stature or industry. However, few business managers understand what it takes to develop a consumer safety strategy that can foster business growth. Today, consumer safety data can
Consumer safety complaints can put a business, its brand reputation and its revenues in danger. Meanwhile, business managers who lack insights into product quality and safety complaints may struggle to resolve product failures, warranty claims and
