ISOQualitas

Risk Management in the Automotive Industry: A Practical Guide

Risk Management in the Automotive Industry: Strategies to Prevent Product Launch Failures

You can have the best design, the best suppliers and a highly experienced engineering team. But if risk management isn’t treated as a priority from the product development phase, the chances of facing critical failures at launch increase, and greatly.

In this article, you will understand how to apply effective risk management in the automotive industry, avoid reworking, and gain more customer trust. And, of course, how ISOQualitas technology supports this process in a practical, digital and integrated way.

1. The risks are not only in the product, but they are also in the process.

Many managers believe that risk is something that is controlled only in product design. But the real risk often appears on the shop floor, in the change of a supplier, in the delay of a validation, or in the lack of integration between areas.

In the automotive industry, common risks in launches include:

  • Communication failures between engineering, quality and production
  • Non-approved or poorly evaluated suppliers
  • Outdated documentation at the time of start-up
  • Absence of FMEAs or updated control plans
  • Lack of traceability in changes and approvals of both product and manufacturing processes.

2. How to structure risk management in product launches?

3. The role of ISOQualitas in this structure

With ISOQualitas PLM, your company has a complete platform for:

  • Create, review, and track FMEAs with versioning and history
  • Link the FMEAs to the project, the control plane and the other core tools of the APQP
  • Manage digital approval flows for project/process changes
  • Record corrective and preventive actions (RNCs) including the methodology for solving problems (Global 8D) with the definition of those responsible and deadlines
  • Have complete traceability of the product life cycle
  • Track risk indicators and points of attention at launch

4. Practical benefits of structured risk management

Preventing failures in launches is not luck, it is a method. And with so many risks involved in each automotive project, structuring a risk management model with technology is the safest (and most strategic) way to grow with quality.

 ISOQualitas PLM helps your company anticipate problems before they happen, and build a track record of reliability that large customers value. Because in the end, prevention always costs less than correction.

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