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"What is Supplier Quality Management (SQM)?"

Supplier Quality Management

Supplier Quality Management

White Paper: EtQ

First, What is Supplier Quality Management (SQM)?

Supplier Quality Management is a confidence in supplier's ability to deliver a good or service that will satisfy the customer's needs. Supplier quality management and performance monitoring are key components of any risk management strategy.Performing risk assessments to identify, quantify and prioritizing risk is the most important factor. 

This descriptive whitepaper brings you the best practices for implementing a successful risk-based supplier quality management system, and explain the requirements that should be clearly defined in a supplier quality agreement. It addresses questions like:

  • What are the methods to improve supplier quality, increase visibility and connect the supply chain to your Quality Management System?

  • What are the benefits of connecting the supply chain to your Supplier Quality Management System? How to alleviate security concerns associated with it?

  • How can you bring greater visibility into the supplier quality and compliance by implementing a Supplier Quality Management System?

  • How to evaluate Suppliers through Supplier Quality Management Programs?

  • Supplier Quality Management: Risk Assessment,Risk Quantification,Risk Prioritization

Download this whitepaper that gives an idea of a comprehensive Supplier Chain Quality Management that fosters the ability to collaborate with the supply chain, improve compliance and keep your data secure in the process.

 

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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 Risk ?

The risk is the possibility that something bad or unpleasant (exposure to the chance of injury or loss) will happen. Organizations are exposed to risks of different degrees; risk management is a procedure which involves assessing the risks and then taking necessary steps to either eliminate or to reduce them as far as reasonably possible.

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