According to a recent research, adding women to a company s board can help speed up necessary product recalls and increase customer safety and societal benefits.
According to a recent research, adding women to a company board can help speed up necessary product recalls and increase customer safety and societal benefits
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For much of the nation s food supply, removing unsafe products off of store shelves can take up to 10 months, according to news reports even when people are getting sick.
The growing complexity and scope of modern supply chains result in painfully slow product recalls, even when consumer well-being is at stake. For example, in 2009, salmonella-tainted peanuts killed nine people and sickened more than 700 in 46 states, and the resulting nationwide recall cost peanut farmers, their wholesale customers and retailers more than $1 billion in lost production and sales. Tyson Foods 2019 recall of nearly 12 million pounds of frozen chicken strips also cost the company millions.