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"Why quality and compliance is necessary, and how it can be a significant investment on an organization"

How to Define and Build a Risk Management Strategy for Quality and Compliance Management Systems

White Paper: EtQ

Risk Management needs to be a holistic approach for Quality and Compliance Management Systems. When considering Risk Management, many often immediately shift to Risk Assessment.

However, Risk Assessment is only a piece of a broader Risk Management strategy. The core message is that in order to make quality and compliance streamlined and efficient, a company needs to have a level of Risk Management methods in place.

In this white paper on “How to Define and Build a Risk Management Strategy for Quality and Compliance Management Systems,” learn about:

  • How quality and compliance is necessary, and how it can be a significant investment on an organization

  • Streamlining the compliance management process while mitigating costs

  • How risk becoming a way many organizations have sought to help streamline their compliance management systems in an objective and systematic way

How to Define and Build a Risk Management Strategy for Quality and Compliance Management Systems
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What is

What is Risk Management ?

Risk management is the way of identifying, measuring and dealing with the threats to an organizations capital and earnings. Definition according to ISO 31000 Risk management is the way toward assessing the chance of loss or damage and finding a way to battle the potential Risk.

What is Technology ?

Technology is the use of scientific knowledge for creating tools, processing actions and extracting of materials whether in industry or in our everyday lives. We apply technology in nearly all things that we do in our lives, we use technology at work, in communication, transportation, making food, extracting and securing information, running an organization and many more tasks, pretty much everywhere. Types of technology include information technology, banking technology, medical technology,

What is Manufacturing ?

The process of converting raw materials in to well finished goods that can meet consumer’s expectation is known as Manufacturing. Manufacturing is a process where goods are produced in bulk quantities to meet customer’s requirement. Basically manufacturing is an engineering function where raw materials are converted into products that can be used for some particular purpose.