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2009 Product Innovations

Risk Management Solution


Product/Technology:
Stature

Hardware, Software or Service: Software

Launched: 2009 (Upgrade)

What it does? Dyadem's Quality Risk Management solutions enable companies to develop and deliver reliable products faster and at less cost than the competition, while its Operational Risk Management solutions ensure employee and environmental safety, regulatory compliance, and an overall reduction in the latent risks that permeate most process manufacturing facilities. Without insight and visibility into their processes, many companies have a hasty reactive approach to risk management that compromises their ability not only to deliver quality products and services, but also to identify and invest in the most prudent areas for risk reduction. Dyadem's Stature enterprise risk management platform provides a consolidated global view of risks, trends, and ongoing operations, and has the ability to drill down in real-time, allowing management to make informed decisions and avoid costly mistakes. A central knowledge base for risk management provides a single location where lessons learned and best practices that are captured in one location can be found and applied by other facilities with similar issues.

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Daydem

2010 Product Innovations - Network Products Guide


What makes it Innovative? Unlike other systems that have not been designed for risk management and are not configurable, Stature manages and aggregates data directly across the organization to create consistency in assessing hazards, modifying existing procedures, and developing best practices. It also aids in putting corporate-wide risk policies and programs into place and assists in compliance with government mandates and industry regulations. It enables companies to address critical challenges while maintaining a commitment to continuous improvement and achieving operational excellence. Stature's dynamic manufacturing data model allows, with simple end-user configurations, the migration of hundreds of excel spreadsheets that manage critical plant quality planning data to a single enterprise data model. Centralizing this data in a shared workspace reduces redundant information, ensures cross-functional collaboration, and enables continuous improvement through end-to-end management of the manufacturing quality lifecycle.

Targeted Users: Manufacturing companies with high quality goals or who pose a risk to the environment or personnel. Specifically companies above $500 million in revenue in the Oil & Gas, Chemicals, Medical Devices, Pharmaceuticals, High Tech & Electronics industries.

Satisfied Customers: Yes, vendor claims satisfied customers.

Company: Dyadem
155 Gordon Baker Road Suite 401 Toronto Ontario M2H 3N5
Tel: 416-649-9200

 
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