Tag Archives: risk

How Can Delivery Routes Be More Efficient?

Your customers want their products, and they want them now. In fact, 62% of consumers say delivery speeds influence their buying decisions, and 30% of consumers expect same-day shipping. To keep up with customer demand, you need efficient delivery routes to deliver more packages quickly. How can delivery routes be more efficient?

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What’s the Difference Between Corrective Action and Preventive Action?

Corrective and Preventive Action are key elements to a Quality Management System (QMS) that is focused on Continual Improvement and Customer Satisfaction. Indeed, any ISO 9001 QMS should have this type of focus, unfortunately many do not. What’s the difference between corrective action and preventive action? Continue reading What’s the Difference Between Corrective Action and Preventive Action?

What Metrics are Used to Predict Safety Performance?

Leading indicators for safety performance are based on an examination of potential risks as well as past incidents that did not result in injury. This can include history such as observation, unsafe actions, and safety meeting attendance. In contrast, lagging safety indicators only look at past injuries. Leading indicators thus give you the ability to preemptively respond to any potential risks that could result in more serious incidents. What metrics are used to predict safety performance? Continue reading What Metrics are Used to Predict Safety Performance?

Final Step Before ISO 9001 Certification is Data Management

We want to implement a quality management system complying with ISO 9001. We divided the ISO QMS implementation project into four distinct phases. First we built the foundation processes, followed by continual improvement process, and the management processes. At this point we have covered how to comply with most of the ISO 9001 QMS requirements.  Now we will cover the final phase; complying with the requirements of Clause 8. The final step before ISO 9001 certification is data management. Continue reading Final Step Before ISO 9001 Certification is Data Management

Do Company Policies Exist If They’re Not Documented?

Process occur in each and every business. Some of your process are critical business processes that your company could not be in business without and others are less critical, but may be important. Understanding your risk is a major factor in your company governance, risk, and compliance program. How do you audit your process, demonstrate their effectiveness, and show that you have control when needed? Basically, do company policies exist if they’re not documented? Continue reading Do Company Policies Exist If They’re Not Documented?

Which Loan is Best for Starting a Business?

For a start-up company, financial strategies for business are important to cover a lot of expenses and to give you enough resources to keep on moving forward as you start generating profit–and here is where start-up business loans come in. From your working capital, inventory, to real estate and equipment, sometimes your funds on hand are not enough. Which loan is best for starting a business?

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How Do You Select a Virtual Security Operations Center Solution for Your Business?

Transferring cybersecurity monitoring functions to a third-party virtual contractor is not a new topic. Security Operations Center (SOC) functions outsourcing has become widespread practice not only for large companies but also for relatively small organizations. Key client questions have also changed. It is not about proving the need for outsourced SOCs per se. Customers are rather concerned about the actual technology stack and security guarantees. How do you select a virtual SOC solution for your business? Continue reading How Do You Select a Virtual Security Operations Center Solution for Your Business?

What Are Common Embezzlement Schemes?

There are six areas of risk frequently capitalized upon by embezzlers. While these areas of risk are not the only ones containing “embezzlement windows of opportunity”, these are the areas that offer the most significant sources of exposure to your company and what lead to various embezzlement schemes. What are common embezzlement schemes? Continue reading What Are Common Embezzlement Schemes?