Risk Assessment and Risk Management

INTRODUCTION Sustaining excellence and continuous process improvements are two imperative constituents of manufacturing that guarantee competitive and successful technology. Sustaining excellence principles widely discussed in the literature. For instance, the main 12 principles of manufacturing excellence to achieve sustaining excellence described by Larry Fast [1]. Sustaining excellence strategy creates a special culture of the manufacturing providing world-class performance. Manufacturing improvements are resulted from process changes and generally contradict to the sustaining. Using TRIZ contradiction categories we could define that ideal manufacturing should be changeable and sustainable at the same time.  Process changes are always intended to increase a company profit…

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