The cost of the product recall insurance in the automotive industry
A new survey reveals how automotive companies perceive product recall insurance — exposing coverage gaps, rising costs, and a growing interest in digital solutions. The findings shed light on how the industry is rethinking risk and preparing for change.
Tier-1 Automotive supplier reducing the yearly cost of non-conformance claims from OEMs
Tier-1 Automotive supplier reducing the yearly cost of non-conformance claims from OEMs In today’s manufacturing landscape—where quality, traceability, and risk exposure are under constant scrutiny—a Tier-1 European automotive supplier was facing growing challenges in managing customer complaints and product recalls. The company’s internal process was fragmented and largely manual: Excel files, scattered documentation, and back-and-forth […]
