Action taken to address risks an opportunities
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Answer:
FMEA is a great methodology to address the risk, what I can guess that is missing from your question is actions to address risks. After you calculate RPN, if it is too high you have to take actions to address those risks. The same goes for corporate risk assessment.
For more about FMEA, please read the article:
What is FMEA and how to apply it in IATF
https://advisera.com/16949academy/blog/2017/09/06/what-is-fmea-and-how-to-apply-it-in-iatf-16949/
Also, about Control plan (that can be used as actions to address risks), please read the article:
How to develop a Control plan according to IATF 16949
https://advisera.com/16949academy/blog/2017/09/27/how-to-develop-a-control-plan-according-to-iatf-16949/
What is also missing if you are usin g FMEA and corporate risk, is assessment and actions to address opportunities. You can use benefit-effort matrix or similar so you can assess opportunities your business has.
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Jul 30, 2019