prs (product recall saas) open effective government & enterprise recall service
TRANSCRIPT
Team• Mostafa Elzoghbi
Founder of Hadafsoft, Mobile & Cloud Startup
Solution Architect, Microsoft Most Valuable Professional for 5 years
Entrepreneur, Geek
• Nodir Yuldashev
Software Architect, Engineer, Geek
M.Sc. Of Computer Science, MS Certified Professional Developer
Problem• How many times enterprises sold a recalled product?
• How much overhead money enterprises spent in reimbursing customer?
• How much time enterprises spent in handling recalled products?
• How many times enterprises found your products cause health and affect public safety ?
StoryFitBit Force Recall!
Consumer product safety commission recalled FitBit Force product due to health & skin irritation issues reported by consumers, This affected 1M customers in US & Canada.
It takes days and weeks to manually update all ecommerce sites to take the recalled product out!
You will be able to buy a recalled FitBit Force from eBay website and lots of other chain or resellers!
Opportunity• Medical Devices Recall Index (Q1-2013):
Average recall affects 19.4M units, one recall affected 5M units Issued for 143 companies
• Children and Infant Recall Index: Average recall affects 500,000 Units
• Pharmaceutical Recalls Index (Q1-2013): FDA enforcement report recalled 107 drug & Pharmaceutical recalls
• Re-imbursement cost: Credit card fees cost 0.35$ ++ / transaction
• Loss of existing and future customers
• Lawsuits cost and enterprise reputation!
Market• Enterprises in the following sectors:
Retail & Whole Sale stores such as: Walmart, Costco, BJ’s Online eCommerce sites: Amazon, Best Buy, eBay…etc Medical Manufactures resellers & distributors Kids & toy stores & resellers
• Federal agencies: FDA USDA Food Safety Any other agency with interest in public health
• Consumers:
• Notify me with products I bought, intend to buy, or with interest to buy. Use social media channels. No need to check websites!