Why Futureproof EHS? IX Demands It.

Posted by Peter Bussey on Wed, Jul 17, 2019

Digital Transformation of industrial operations is in full swing. Our most recent survey data shows that 45% of industrial enterprises globally are executing an Industrial Transformation (IX) program, up significantly over the past three years. Don’t be fooled into thinking there’s a “magic formula” for IX; the “right” path for every company is the one that will reshape how the organization does business, the offerings it can deliver, how it goes about competing in the marketplace, or some combination of these. To that end, companies are incorporating many flavors of digital tech in their IX programs. Two-thirds have implemented or plan to implement Industrial Internet of Things (IIoT) technologies. Other common ones are cloud-based application platforms, mobile apps, Big Data analytics, augmented reality/virtual reality (AR/VR), process simulation, digital twins, and 3D printing, among many others.

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Categories: Risk Management, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)

What is Regulatory Information Management Software (RIMS)?

Posted by Dan Jacob on Wed, Mar 13, 2019

RIMS is a growing software category that streamlines the submission of human medical products—including pharmaceuticals, biologics, and medical devices—to regulatory agencies, ultimately to gain authorization to sell the said product in a given market. In general terms, Regulatory Information Management Software (also known as Regulatory Information Management Systems) are software systems that:

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Categories: Risk Management, Compliance

Sphera’s Petrotechnics Acquisition Moves Risk Capabilities Closer to Plant Operations

Posted by Peter Bussey on Thu, Feb 28, 2019

Despite years of acquisitions and private equity investment, the environment, health and safety (EHS) software market is still fragmented, even at the top. A crowd of significant players compete for market leadership, or to at least deliver the returns expected by their financial backers. Although most will likely survive for the foreseeable future in one form or another, relatively fewer are likely to thrive long-term with a breakout performance.

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Categories: Risk Management, Culture, Environment, Health and Safety (EHS)

EHS Technology in 2019: 5 Trends Driving Change and 5 Predictions

Posted by Peter Bussey on Tue, Jan 08, 2019

2018 was a year of much change and progress in the world of environment, health and safety (EHS) management; especially the software and digital technologies that enable it. This made for an exciting year for EHS management research here at LNS. The primary focus was on expanding our market-leading EHS 4.0 research on the Digital Transformation of EHS management. We released our full agenda of research on topics such as Big Data and predictive analytics, the impact of the Industrial Internet of Things (IIoT) on safety, integrated risk management, the connected industrial worker, and the convergence of safety, quality, and risk in plant operations, among others.

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Categories: Risk Management, Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS), Connected Worker

Is Now the Time to Implement an Integrated EHSQ Management Strategy?

Posted by Peter Bussey on Tue, Oct 09, 2018

The concept of effective integration of environment, health and safety, and quality (EHSQ) management systems has received much attention in the past few years. Though, not surprisingly, the idea of EHSQ integration has not translated into widespread implementation - after all, it’s hard to break down long-standing organization and technology silos, and bring teams, processes, and technology together for the greater good of the organization.

But, several forces have come together to create the opportunity, if not the obligation, for EHS and quality business leaders to look at the possibilities and develop an integration strategy to strengthen both domains and add more value to the business.

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Categories: Enterprise Quality Management System (EQMS), Risk Management, ISO Standards, Environment, Health and Safety (EHS)

Better Together: Digitally Transforming Environmental, Health, Safety, and Quality Systems

Posted by Dan Jacob on Fri, Aug 17, 2018

Some things are good on their own, but simply better when paired with something else. Take peanut butter and jelly, wine and cheese, or as many of us are reminded at this time of year, the beach and sunscreen. However, sometimes better together is more than just the sum of individual ingredients, like chemical reactions. For instance, internal combustion is the combination of fuel, oxygen, compression, and a spark resulting in much more than a static mix of its respective parts. This is true with quality, and environmental, health, and safety (EHS).

Quality and EHS management systems have increasingly converged over the past several years, enabled by the efforts of standards organizations such as ISO. Combining these two previously disparate management systems into one is a better together story, with shared competencies, culture, data, and processes. However, when we combine these management systems with Digital Transformation, we create something more like a chemical reaction.

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Categories: Risk Management, Cost of Quality (CoQ), Industrial Transformation / Digital Transformation, Environment, Health and Safety (EHS)

The Why and How of Integrated Risk Management

Posted by Peter Bussey on Fri, May 04, 2018

To say that industrial organizations today are operating in an intensely competitive, fast-changing business environment, dramatically understates the situation. Companies are under constant pressure to be more efficient, more innovative, and attain a competitive edge. Environment, health, and safety (EHS) and operations leaders face significant challenges with greater compliance obligations, complex global business networks, increased stakeholder demands for transparency, and the constant drumbeat of rapid change. Using a set of manual, localized solutions to manage business and operations data further adds to the woes of EHS and operations leaders.

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Categories: Risk Management, Compliance, Environment, Health and Safety (EHS)

5 Most Asked Questions from Integrated Risk Management: Five Strategies to Drive Operational Excellence Webcast

Posted by Peter Bussey on Thu, Apr 26, 2018

On Wednesday, April 25, LNS Research hosted the webcast, “Integrated Risk Management: Five Strategies to Drive Operational Excellence.” The presentation examined why integrated risk management is the best way to reduce the likelihood and impact of negative outcomes to people, products, operations, the environment, and profitability plus deliver strategic value to the enterprise.

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Categories: Risk Management, Compliance, Environment, Health and Safety (EHS)

Risk, Quality, and the Road to Preferred Supplier Status

Posted by Dan Jacob on Thu, Apr 12, 2018

Just how critical are risk and quality to today’s supply chain? Recent LNS research reveals risk and quality improvements are among a supplier’s most important investments. For many, this will not be a surprise, because quality is often leveraged to determine preferred supplier status, and preferred supplier status impacts contract awards. Quality and risk are indeed strategic investments given that suppliers are even more focused on growing revenue than the rest of the market.

Click here to speak with Dan Jacob

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Categories: Risk Management, Supplier Quality Management (SQM), Quality 4.0

Life Sciences Manufacturers: Continue the Shift to Integrated Risk Management

Posted by Peter Bussey on Tue, Apr 03, 2018

The notion of a risk-based approach to manufacturing domains such as quality, asset performance, safety and environmental management is not new to life sciences manufacturers. What’s changed is the scope and nature of risk management processes, and how they relate to overall enterprise risk management, sustainable operations, and profitable growth. This trend is driven by the accelerating rate of change in global business networks and operations, creating a more dynamic risk environment and calling for better risk processes and outcomes.

Click here to speak with Peter Bussey.

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Categories: Risk Management, Compliance, Industry 4.0 / Smart Manufacturing, Environment, Health and Safety (EHS)