The future of risk management is here, and it’s being unlocked through the effective use of digital supply chain tools. Digital supply chain management, when done correctly, dramatically cuts down on errors and bottlenecks thanks to the continuous sharing of data and accessibility of information via a connected network.
This guide defines a digital supply chain, targeted risk management strategies, and how digital supply chain management tools increase efficiency.
According to the American Society for Quality (ASQ), the cost of poor quality totals up to 15% of an organization’s revenue. Scrapping defects, managing recalls, product redesign—all of these impact productivity and profits.
There are always great features to be found straight out of the box for quality management software, but its real power comes from its customizable nature. To give you some inspiration and implementation best practice tips, look at how some of America's most successful companies use ETQ Reliance to fit their diverse range of needs.
Our CTO, Morgan Palmer, recently wrote an article for Quality Magazine pointing out the beneficial role of quality management systems (QMS) in helping companies stay afloat during this time of massive change. With labor shortages, new processes, such as remote audit management, required of remote and hybrid workers, the pressure to source components and improve supply chain quality has become more important than ever.
A look at how automated processes can affect quality in automotive manufacturing. Particularly looking at how quality analytics can be used to offer enterprise-wide visibility. This is especially important as the demand for EVs increases. With a higher production rate, it's important that quality is maintained.
Building a quality management system (QMS) foundation requires spending time on the fundamentals. The building blocks of a good QMS ensure that every function and process implemented can be understood easily, used collaboratively, and updated automatically. Ensuring this is a reality involves using proper documentation.
Currently, Nike faces a two to four-month production shutdown across its external partners in Vietnam. That downtime translates into over 160 million shoes lost due to production challenges and quality management issues. This article discusses Nike's current supply chain challenges, revealing the importance of consistently improving supplier quality with advanced data analysis.
Things moved quickly when the pandemic first hit, and it was the businesses embracing digital that could weather the storm. With everyone required to stay home, e-commerce sales jumped 44% in 2020. The businesses that could respond to the global situation and offer online ordering were the ones who managed to get through the worst of the lockdowns.
A piece that relates different elements of motorsport to quality. For example, the Mercedes F1 team has a high-quality car, and the results are clear; they've dominated in recent years. The lesson from this is that with consistency, the right team and proper quality control, performance will also be high —which, of course, translates to ROI.
Global industries are buckling under a semiconductor shortage—and unlike other shortages either directly or indirectly caused by the COVID-19 pandemic, the semiconductor bottleneck has staying power.
With the advent of new ESG disclosure rules from the SEC, ISO 14001 is more important than ever. Is your company ready to meet new investor demands?
In late 2019, the FDA announced that it would soon be moving from education to enforcement where its Food Safety Modernization Act (FSMA) was concerned. Then 2020 happened.
