A typical risk assessment or audit used in industry today will look at a single organizations risk in an isolated business system dimension, such as the management system, product, or process deployed at a specific company. Risk must be found in both material and information flows and quantified in order to enable effective management decisions. Value Stream Risk Assessment™ (VSRA™) is a tool to identify, quantify, prioritize, and intelligently mitigate risk wherever it resides in a the Value Stream. VSRA™ has been developed to compliment Lean and Six Sigma techniques and enhances the quality audit process to provide more value to the organization.
Managing Value Stream Risk
Sae Technical Papers
General Aviation Technology Conference & Exhibition ; 2006
2006-08-30
Conference paper
English
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