In this article, you will learn what is Supplier Risk Classification and its benefits according to lean manufacturing and six sigma techniques.
Supplier Risk Classification Definition
A document or procedure to handle and determine the most critical requirements necessary to facilitate the information required to buyers to select and buy from trusted and reliable supplier’s products with QA approval of components at affordable prices.
These benefits include, but are not limited to components, packaging materials, supplies, etc. based on their specific manufacturing needs and demand at affordable prices.
How to Calculate the Supplier Risk:
The supplier risk is defined and calculated as:
𝑅𝑖𝑠𝑘 = probability of failure event × business impact or severity of the event.
The Business Impact Shall be Estimated Based on the Following (10) Ten Attributes and Characteristics:
CIQA is a quality and regulatory consultant with 25 years of experience developing products and managing projects in the medical device supply chain, and pharmaceutical industries. Rest assured of the safety or being in the right hands.
Our Lean Manufacturing team could provide you a broad range of professional expertise implementing these techniques and tools.
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Three (3) Options to Create Document Control Management DCM Procedures:
Bronze Option. You Can Create Your Own Quality Procedures, using a Template.
You can download samples of the Document Control Management DCM procedure templates in .pdf format.
To see the complete list of the most popular quality procedures templates, click here.
In addition, you can request a quotation to buy online a full SOP template document in MS Word format that is completely editable, ready to fill, and adapt to your specific needs.
Silver Option. We Can Bring You Formal Training about Supplier Risk Classification.
This option is recommended if you want to learn more about how to build robust quality system procedures. One of our expert(s) can provide online step-by-step training to your team (unlimited assistance) on how to build reliable SOPs using our template(s). Also, you can improve your corporate quality procedures and policies by incorporating our template(s) and tools. It includes a fully editable template from the Bronze option, plus training, exams, and a training certificate for each assistant. Request a quote now.
Gold Option. We Can Create Customized Quality Procedures.
One of our expert(s) will create and prepare your customized SOPs with the inputs and specific information of your company. It includes a fully editable template from the Bronze option, plus online support in document creation, implementation, and training. Request a quote online.
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REFERENCES: Supplier Risk Classification.