What is the relationship with Risk Management as a policy and a Risk Assessment process for manufacturing processes? Clients have problems understanding the difference in relation to their production operation. Some have the Continuous Improvement policy within their QMS.
The latest revision of AS9100 includes two sections that discuss risk. Clause 6.1 is a new section of the standard and brings in the concept of risk-based thinking as it was introduced into ISO 9001:2015. This section talks about identifying risk for the QMS at the top level of the planning process. These are overall company risks such as learning that a supplier or competitor is going out of business that may affect your company (Think of the opportunities and threats from a strategic SWOT analysis that top management might do). This section of the standard requires that you identify these top-level risks and determine if anything needs to be done about them.
Clause 8.1.1 on operational risk management is not a new requirement for AS9100, and is very much th e same as the previous revision of the standard. As identified in Note 1 for this clause the requirements are limited to managing the risks associated with the operational processes needed to provide products and services. This clause talks about how you control risks such as potential schedule delays, short delivery schedules, high-risk parts, etc.
For more on this see the article: 5 key elements of risk management in AS9100 Rev D, https://advisera.com/9100academy/blog/2017/05/15/5-key-elements-of-risk-management-in-as9100-rev-d/