Risks that should be minimized in cable manufacturing as reasonably as possible

Environment degradation

Quality

Health and safety

Equipment

Financial

Procurement and Logistics

properties of finished product(thermal and electrical)

Rework Reduction

Tolerences

Efficient design

Optimized processes

As close as possible to the desired result

Testing department

dimensions

Finish

Within the prescribed limit

within the prescribed limit

Quality control dept

Quality control dept

Waste material discardation

Industrial effluent discharge

Fuel used to generate energy

segregation

Metal=sold as scrap

paper/cardboard=recycled

scrap handling team

scrap handling team

use eco friendly fuel

decision made by plant head

treat effluents so that it is non-toxic

regulations set by governing body/authority

Equipment breakdown

Equipment upgradation

Equipment maintenance

Periodic maintenance

follow correct processes

train employees

maintenance team

practice preventive maintenance

maintenance team+plant head

HR+technical heads

identify requirements

modification of parts/fixtures

engineers

engineer suggestions+managers

Arrange labour

Decide quantity of material to be ordered

based on design and process considerations

Estimation team

semi-skilled

skilled

with help of HR

with help of HR

currency rate drops

budget management

capital investment

Bank loans

decided by top management

forecasting

use fixed currency

analysts

expert advisers

costing/accounts dept

decision made by top level management

Delay in transportation

Choose reliable contractors

check past perfomace

get contents in advance

procurement team

Identify risk

impact of risks

use risk tools

mitigate serious risks before start of production

create awareness among employees

suitable training

isolate system if needed

safety wear

part/process replacement

risk analysts

checked by regulatory body/duty of risk managers

risk managers

risk mangers/engineers

safety experts