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