There have been loads of high profile product recalls recently for medical devices, automotive and so on. These actions being unprecedented in modern supply chain management, forcing us to ask, “what in the hell is going on?”
Are we seeing that companies are losing the plot, dropping the ball, or have they have downsized so much, that in the upturn they simply cannot manage their supply chains sufficiently to provide reliable product out into the market place?
This is going to create massive product liability cases for a long time to come and effectively increase risk within organisations at a time when the same organisations can no longer legitimately and ethically outsource their risk to second and third tier suppliers.
I think the value of my share portfolio is about to drop again.
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