The first step in protecting brand reputation is proactive risk management. Top risks life sciences companies need to address include:
• Design and quality risk: Producing safe, high quality products is priority number one. Assessing and managing risk throughout the process is crucial, from leveraging tools that reduce design risk to quantifying risk associated with individual hazards.
• Supply chain risk: Suppliers introduce significant risk, particularly with the industry’s rising reliance on contract manufacturers. Supplier management tools are essential to gaining visibility into supplier processes and extending compliance to contract manufacturers.
• Regulatory risk: With so many requirements to comply with, companies must have a strategy to identify applicable requirements and high-risk regulatory gaps.
• Information security risk: Nothing shakes consumer confidence quite like a hacking scandal, making information security an important issue with regards to reputation.
Integrated GMP Compliance Software addresses these issues, providing tools that seamlessly link each area to the rest of the system for ease of use and more effective risk management.
