#43 – RISK MANAGEMENT IN THE ACQUISITIONS CYCLE – JULIUS HEIN

Julius HeinIf you are a manufacturer, a supplier or a customer, your overall objective when you want to buy a product is complete satisfaction with the performance, maintenance and support. These are exactly the objectives of the International Quality Management System Standards.

The best way to explain the objectives of the Standards is by using an example and walking through the whole acquisition cycle. Continue reading

#40 – INTERNATIONAL QUALITY AND RISK MANAGEMENT – JULIUS HEIN

Julius HeinThe age old struggle is on again ‘Risk Management vs Quality.’

All customers want to buy and own ‘quality products.’  The manufacturers want to make a profit.

To design and build a product, certain ‘Risks’ have to be acceptable by the manufacturer.  There is no specific formula for ‘Acceptable Risk.’. Continue reading