Counterfeit products are a threat to everyone’s health and safety. Plus, they extract an enormous economic toll, as well. Analysts now estimate that counterfeiting costs US companies alone $250 billion and results in the annual loss of 750,000 American jobs.
What can your company do to combat this growing global concern?
For starters, I suggest you read through a free report recently published by the American National Standards Institute (ANSI).
This report, Best Practices in the Fight against Global Counterfeiting: An Action Guide to Strengthen Cooperation and Collaboration across Industry Sectors and among Global Supply Chains, is the product of a 2010 ANSI workshop and conference on anti-counterfeiting, and it includes insights from industry representatives and professionals from trade organizations and associations, academia, consumer groups, law enforcement, and government agencies.
The report also outlines several recommendations to assess and address counterfeiting across industry sectors. These suggestions include: (more…)