The manufacturing risk landscape: Economics vs Ecology

August 16, 2017

 

In this report we take on an age old business dilemma: speed to market and product quality vs. environmental responsibility and public safety. For decades, manufacturers have been trying to find the perfect balance and stay one step ahead of increasing competition. Should profits take priority over ethics? Or, can a profitable equilibrium exist?

For manufacturers operating in the auto, food and pharmaceutical industries, the potential impact for human health and life itself can be enormous... [however] quality issues can often be flagged well before faulty goods are shipped by conducting regular third-party risk assessments of your vendors.