For the manufacturers and retailers hit hardest by the “Year of the Recall,” the memory of 2007 can’t fade fast enough. More than 33 million consumers reported injuries due to faulty or substandard products. More than 45 million items were pulled from the shelves in the toy and children’s product markets alone. Questionable business relationships with Chinese suppliers served as media fodder in nearly every news cycle. And, perhaps most significant, a lax and disparate patchwork of consumer safety regulations was exposed as ineffective at best, and downright dangerous at worst.