Interview on the impact of product risk assessment and liability
Channel: ChemCon Conferences
Date: 2023-03-18

Marianne Heckmann of Lanxess and James Votaw of Keller and Heckman discuss the impact of product risk assessment and liability throughout the value chain.

Live from San Francisco  @ChemCon Conferences 

Contents of this video: 
00:00 Introduction 
00:43 Types of risks for companies to consider 
02:54 Processes in place to assess potential risks
04:13 Mitigation of potential risks
05:03 How to assess quality and risks of a product in your value chain
07:42 Importance of management of change processes
09:33 Innovation vs the need to minimize product risks
11:29 Examples of risk assessments that should have been implemented
13:46 Effective communication on product risks in the value chain
15:21 Impact of right to know regulations and extended producer responsibility programs
16:50 Potential conflict between risk communication and CBI
17:57 Determination of the potential liability associated with a product
19:55 Legal challenges that companies face in relation to product liability
21:30 Need to act globally if a company identified a risk in one region
23:03 Emerging trends and best practices in product risk assessment and liability management