Risk Management in Manufacturing
About Lesson

Continuously monitoring and assessing risk levels is a crucial aspect of effective risk management in manufacturing. Regularly review the effectiveness of preventive measures and identify any new or emerging risks that may require attention. Utilize tools and technologies to monitor and track key risk indicators, such as equipment performance data, supply chain disruptions, and safety incident reports. Analyze this information to identify patterns, trends, and potential areas of improvement. Conduct regular risk assessments to evaluate the effectiveness of existing risk controls and identify any gaps or deficiencies. By actively monitoring and assessing risk levels, manufacturers can proactively address potential threats and ensure a safer and more efficient manufacturing environment.