Increasing product recalls, regulatory fines, and penalties have made product-safety compliance a top priority for many manufacturers. The Consumer Product Safety Improvement Act (CPSIA) and other global and regional product-quality regulations have subjected consumer-product companies to increased scrutiny. Today, the onus is on these companies to adopt a more proactive, sustainable, and agile approach to product safety, quality, and compliance.
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The digital and information revolution, globalization, and a multitude of local and international laws, have transformed the consumer-products marketplace. Here are a few key characteristics of this marketplace that necessitate a greater focus on product-safety compliance:
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