Appliance Manufacturing

Appliance Manufacturing industry entities design and manufacture household appliances and hand tools. Entities in this industry sell and manufacture products all over the world, primarily selling products to consumers through retailers.More

Relevant Issues (2 of 26)

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Disclosure Topics

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General Issue Category
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Disclosure Topics (Industry specific) for: Appliance Manufacturing

Product Quality & Safety
  • Product Safety

    Product safety is of utmost importance to appliance and tool manufacturers. When an appliance malfunctions, fires or other resulting hazards may damage property, cause injury or even result in death. The potential for product malfunction and consequences exposes firms to litigation and negative consumer sentiment risks, which can affect brand value, revenue growth or market share. Entities issuing product recalls face upfront costs for logistics and customer reimbursement, reputational risks and lost sales. Failure to report known product safety hazards to relevant authorities can result in civil penalties. Entities that effectively manage quality control and testing can minimise the possibility of a product malfunction or recall, capture additional market share, and limit exposure to regulatory and litigation risks.More
Product Design & Lifecycle Management
  • Product Lifecycle Environmental Impacts

    Entities in the Appliance Manufacturing industry seek to differentiate their products from those of competitors. One important differentiating factor is the lifecycle environmental impact of products and an entity’s ability to design products with the entire lifecycle in mind, from creation and use to disposal. This includes appliance energy and water efficiency, which account for a significant proportion of a home’s energy and water use, as well as designing for and facilitating safe end-of-life disposal and recycling. Entities designing and manufacturing products to decrease lifecycle environmental impacts are more likely to increase market share owing to a lower cost of ownership, and they may better manage increased regulation related to issues such as extended producer responsibility.More