Today’s competitive business environment has placed tremendous strain on manufacturing companies to lower operating costs, address complex product design, outsource development and seek global expansion plans. Beyond this pressure, there is major opportunity for companies to build a competitive advantage through an integrated risk and compliance management approach that ensures all features are working together effectively, enabling superior visibility into the value chain.
Manufacturing processes and supply chain management that were once easy to handle are now much more complex. What used to be controlled and contained within the manufacturing plant is now monitored, run and maintained globally. Given this situation, building an effective risk and quality compliance system that conforms to management standards like ISO 9000 among others, is imperative for companies that want to work efficiently and win over customers.