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BEST
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Quotes |
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"Quality is never an accident; it is always the result of high intention, sincere effort, intelligent direction, and skillful execution; it presents the wise choice of many alternatives."
- Willa A. Foster |
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"A good rule in organizational analysis is that no meeting of the minds is really reached until we talk of specific actions or decisions. We can talk of who is responsible for budgets, or inventory, or quality, but little is settled. It is only when we get down to the action words-measure, compute, prepare, check, endorse, recommend, approve-that we can make clear who is to do what."
- Joseph M. Juran |
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Quality & Compliance Newsletter
March 2005 | Complimentary Copy |
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| Quality System Requirements for Outsourced Manufacturing |
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After outsourcing manufacturing to lower cost countries, many companies find new demands imposed on their quality management processes. As a result, many companies find their existing quality management systems to be no longer effective. This is especially true if their existing quality system is either paper-based or implemented using a PC-based point solution. This article identifies the quality management requirements for an outsourced manufacturing environment and explains how companies that outsource manufacturing can still maintain a clear visibility into their outsourcer’s process capability and their overall product quality...
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| The Next Generation of Systems for Compliance |
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After outsourcing manufacturing to lower cost countries, many companies find new demands imposed on their quality management processes. As a result, many companies find their existing quality management systems to be no longer effective. This is especially true if their existing quality system is either paper-based or implemented using a PC-based point solution. This article identifies the quality management requirements for an outsourced manufacturing environment and explains how companies that outsource manufacturing can still maintain a clear visibility into their outsourcer?s process capability and their overall product quality...
Read More |
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| Smart Investment Strategies for a Compliance Platform: A Ten Step Guide |
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Government regulations and mandates are on the rise. Most corporate compliance offices are challenged to find compliance solutions that can scale across corporate compliance offices and also manage regulatory and compliance initiatives within respective operational and departmental areas. This article highlights the importance of selecting the right compliance platform, which can scale across different regulations (federal and state regulations, 21CFR part11, Sarbanes-Oxley, OSHA, internal governance initiatives etc.) while serving users across the enterprise. Most corporations have diverse systems and processes and the challenge always is on monitoring and reporting compliance events and trends across the enterprise...
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| How to build a Business Case for a Quality Management System |
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| A supplier quality score provides a real-time and objective
analysis of the quality performance of a supplier. The score empowers
an organization to manage its supply base more effectively by...
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AMR Research Predicts Compliance Is an $80B Issue;
Companies Will Spend $15.5B on Compliance in 2005 |
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| Compliance Spending by Category |
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| $ millions |
SOX |
HIPAA |
FDA |
SEC |
Other |
Total |
| Technology |
$1,712 |
$1,546 |
$375 |
$452 |
$1,118 |
$5,202 |
| 3rd Party Services |
$1,773 |
$523 |
$288 |
$335 |
$866 |
$3,785 |
| Internal Staff |
$2,568 |
$1,571 |
$394 |
$449 |
$1,215 |
$6,196 |
| Other |
$61 |
$38 |
$42 |
$71 |
$86 |
$299 |
| Total |
$6,114 |
$3,678 |
$1,099 |
$1,307 |
$3,285 |
$15,483 |
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| Percentage of Companies Addressing Compliance Mandates |
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| 60% |
- Sarbanes Oxley Section 404 (SOX) |
| 52% |
- Document and Record Retention Requirements |
| 42% |
- Code of Conduct / Training Requirements |
| 39% |
- Health Insurance Portability and Accountability Act (HIPAA) |
| 30% |
- SEC Regulations |
| 20% |
- FDA Regulations (21 CFR Part 11) |
| 7% |
- TREAD Act (Automotive) |
| 5% |
- Basel II |
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| The study, Spending in an Age of Compliance, 2005, is based on a survey of over 225 business and IT leaders on their compliance spending priorities. For more information, please visit http://www.amrresearch.com. |
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