News

Posted On: 11/18/2011

Manufacturing needs more effective quality, risk and compliance management

ARC

Companies are beginning to place renewed emphasis on designing and deploying more effective enterprise-wide closed loop product quality, risk and compliance (QRC) management systems that integrate all supplier, producer and retailer operations and supply chains according to a new ARC Advisory Group study.

“Every senior executive knows that the bar for product safety due diligence continues to rise with the increasing business risk that poor quality, contaminated or defective product, or non-compliance with government regulations can have on a company. Traditional paper records and disparate electronic records system and the lack of immediate visibility into the performance of production and business operations lack the functionality required by manufacturing enterprises today. This has given rise to modern QRC management systems. However, designing and deploying such a system is not so simple in that it also requires redesign of traditional business processes,” according to Principal Analyst John Blanchard, the principal author of “Quality, Risk, and Compliance Management Systems Worldwide Outlook”.

The capability and ease of use of new technology continues to improve at the same time its cost continues to decline. This allows manufacturers to deploy new technologies to meet business needs. Effective closed-loop enterprise quality management systems are now becoming a reality due to new technology based on common IT and automation standards. These include modern workflow engines, powerful and easy to use data analysis tools, massive data centers, and reliable cloud computing.

Learn more about the report, “Quality, Risk, and Compliance Management Systems Worldwide Outlook”