Industrial equipment manufacturers and maintenance, repair, and operations (MRO) distributors can’t afford to miss bidding deadlines, delivery dates, product specifications, or service level agreements. They also can’t afford the penalties of non-compliance with regulations. Learn how some businesses are leveraging integrated enterprise infrastructures to maximize profits while minimizing exposure to risks.
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continually train employees on proper procedures. The risks are further reduced when compliance procedures are systematized, monitored, and documented as part of the enterprise solution. These include procedures for managing inventory, monitoring inbound parts, working with suppliers, tracking products through their lifecycle, process documentation, and full disclosure of the use or release of hazardous materials and substances (see Figure 8). Minimizing Risks in a Solutions-Driven Industry Industrial