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Purchasing and Product Liability
Author(s) -
Adams Ronald J.,
Browning John M.
Publication year - 1989
Publication title -
journal of purchasing and materials management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.75
H-Index - 92
eISSN - 1745-493X
pISSN - 0094-8594
DOI - 10.1111/j.1745-493x.1989.tb00476.x
Subject(s) - business , purchasing , product liability , product (mathematics) , liability , strict liability , interim , variety (cybernetics) , marketing , law , finance , computer science , geometry , mathematics , artificial intelligence , political science
Product liability is the responsibility of a manufacturer or seller for injury caused by a product. Both industrial and consumer goods organizations can “purchase liability” and increase organizational vulnerability in today's uncertain legal environment. A definite need exists for federal product liability reform, and purchasing should assume a proactive posture in lobbying for change in today's legal environment. In the interim, there are a variety of interrelated strategies available to purchasing managers that can serve to reduce the organization's vulnerability to product liability actions.