Prevent Costly Rework, Scrap, Failures and Recalls
Risk-based decision-making has become a cornerstone in many industries – especially those as critical as manufacturing medical devices, life sciences, automotive, and semi-conductors. There’s risk running straight through these industries due to intellectual property, trade secrets, and the need to deliver quality products to customers.
What’s more, monitoring quality risk is difficult. And while compliance with quality regulations, standards, and customer mandates is a requirement, it’s not enough.
To remain competitive, manufacturing organizations must transform and improve the efficiency of their quality management processes. They need to reduce time looking for and accessing risk assessment data. They need to consistently conduct risk assessments, access lessons learned and recommendations and improve traceability.
Companies need a standardized process and formal knowledge management systems and processes to identify, capture, manage and share critical documents and information. This is critical for managing inherent quality risks, preventing costly failures and recalls, and ensuring product quality demanded by customers.