Importance of Compliance Management Policies and Solutions

Several enterprises view IT Governance, Risk management and Compliance(IT GRC) Management as intimidating activities within appropriate returns. Though these practices have their own challenges to overcome, they come with a set of benefits too. When followed efficiently compliance management can yield benefits such as,efficient processes leading to a competitive advantage over other market players and a risk-free business environment.

Today’s environment is undoubtedly ridden with complex known and unknown security hazards. Added to this is the regulatory environment mandated by strict regulations to ensure IT security and compliance. Apart from business development strategies, most corporations require effective strategies to avert security breaches, corrupt practices, incorrect reporting and other fraudulent activities and ensure continuous compliance to mandatory regulations. Some of prominent regulations and standards are HIPAA, HITECH and PCI DSS.

PCI DSS
PCI DSS, known as the Payment Card Industry Data Security Standard is an information security policy for ensuring security in the payment card transactions. This is essential for enterprises that process, transmit and store credit card data.

HIPAA
HIPAA also known as the Health Insurance Portability and Accountability Act, secures the health insurance coverage of working staff and their respective familities when they change or lose their jobs. In addition to that, the Act successfully addresses the privacy and safety of patient health information using electronic data interchange that in turn improves the health care systems and its efficiency.

HITECH
The Health Information Technology for Economic and Clinical Health i.e. HITECH is a policy that is involved with the safety and confidentiality concerns related to electronic transmission of healthcare data. Today with the increased amount of forgeries going on with health informations it is essential to comply with the HIPAA and HITECH acts.

These apart, other compliance standards and policies includes names like COBIT, ISO, SOX and many others with their respective guidelines to which enterprises need to comply. Any violation of any of the compliance regulations will result in severe penalties. In order to avert these penalties, organizations resort to innovative enterprise compliance management software and attain the following benefits:

  • Effectively automate information security, risk, and compliance assessments and audits,
  • Bring down the impact of financial and legal problems
  • Attain effective governance and accountability
  • Efficiently minimize and streamline the time needed for certification processes and compliance

Furthermore, with a strong compliance management solution in place enterprises can also market their compliance with privacy regulations, to establish trust and build market share with consumers. This also helps to alleviate identity thefts and other privacy issues amongst the public.

Read more on - vulnerability management, meaningful use in healthcare

Advanced OEM Manufacturing Solutions for Top Product Quality

As process technology advances, falling costs & increasing capacity enable OEMs to embark on custom developments to take advantage of higher levels of integration.  OEM primarily focus on  enhancing quality, expense and cycle time to increase competitiveness, and the OEM appliances manufactured should provide high speed access to information without increasing the risks and costs, and with capabilities to accommodate the changing demands.


Ensuring Top Product Quality with Advanced Solutions


To ensure products are designed, configured, and tested before they ship, as an OEM manufacturer, the solution provider must ensure that each system is carefully assembled, software configured and tested thoroughly to meet customers’ specifications.


With the high-technology industry being fast-paced market that is driven by innovation and change, managing change has been all the more important and necessary. To effectively lower expenses and risk, leading OEM brands efficiently monitor consumer product inventory and spare parts. Inventory levels tracked on a real-time basis eradicates the requirement for end-to-end monitoring, component purchased by consumers and alleviating obsolescence all through the systems. Most OEM software and appliance developers depend a great deal on particular service providers that help them to handle the supply and manufacturing of embedded computing solutions as well as server appliances.


The service provider that you choose must become a seamless extension of your OEM appliance operations and use their expertise to reduce time-to- market, enhance schedule flexibility, eliminate unnecessary cost and reduce risk. An efficient OEM partner will further lower costs and risk, and manage customer’s inventory of products and spare parts. All the aspects are tracked on real-time basis, eliminating the need for constant monitoring, component purchases by customers as well as the mitigating obsolescence throughout the system's Lifecycle


Leading suppliers have must also be able to understand OEMs enhancement plans and policies and be able to deploy these practices quickly. Most of the OEM manufacturing supplier networks are generally huge and very deep, with several products passing through multiple tiers of suppliers before reaching the OEM.


Look for a service provider who assures that all inspections and test processes are fully documented is ISO 9001:2008 compliant as once configured, these solution providers make sure that each system goes through extensive burn-in testing and quality assurance engineers review the accuracy and completeness of each assembly. Such solution providers must also be having a fully integrated ERP system to optimize customer specific Production Manufacturing and Inventory Control processes to reduce overall cost and risk.


Read Also About: custom computer ,  data centre solutions , storage server , unified storage solution

Attain Regulatory Compliance with Enterprise Compliance Management Software

Today enterprises, both big and small, need to conform to various regulations in order to make their business environment safe and secure. Let’s look at some important regulations, the need for compliance with these regulations, and the means of achieving compliance.

HIPAA Compliance
The Health Insurance Portability and Accountability Act (HIPAA)was enacted at a time when the healthcare system was rampant with fraud and abuse. When it started getting out of control, the federal government had to step in not only to protect patient information but also to defend interests of the workers, when they change or lose their jobs. HIPAA compliance is necessary for any person or institution that directly or indirectly deals with patient health information (PHI).

ISO 27002 Compliance
With most of the transactions happening online, there is a huge risk of data being compromised. If the enterprise fails to implement effective security measures, it leads to data breaches and data thefts.One such incident is enough for the enterprise to lose its reputation and goodwill. ISO 27002 compliance helps the enterprises in proving that information security practices are stringently followed and that their information is secure in accordance with an internationally recognized standard.

GLBA Compliance
The Gramm-Leach-Bliley Act (GLBA) was enacted to “enhance competition in the financial services industry by providing a prudential framework for the affiliation of banks, securities firms, and other financial service providers, and for other purposes.”Besides, it also protects the consumers' nonpublic information or personally identifiable information. GLBA compliance is necessary as it safeguards information from foreseeable threats in security and data integrity.

PCI Compliance
The Payment Card Industry Data Security Standard (PCI DSS), an information security standard for organizations that handle cardholder information,was enacted to reduce credit card fraud via its exposure. PCI DSS compliance is necessary since one slip or compromise could result in huge financial and brand-image losses .

Today’ business environment is highly volatile and therefore enterprises have no other go but to conform to these regulations. This can be easily done with the help of enterprise compliance management software that includes all of the security and IT-GRC functions required to achieve compliance. It simplifies and reduces the time required for regulatory compliance and certification processes, while providing complete end-to-end automation of all security, compliance, audit, and risk management needs.

Hence, enterprises must invest in effective compliance management solution, as it not only helps them to meet appropriate IT compliance requirements but also to focus on their core business.

Also read on - vendor management, threat management

Services Offered By Bio Clinical Laboratories

The clinical landscape today is creating history with its revolutionary treatment and therapies. Thanks to the latest technologies that have made chronic ailments like cancer curable. Clinical trials and medical studies are the backbone to these treatments and drug development process. These studies and researches allow the expert medical professionals to conduct researches on the effect of drugs on the human blood and how they can come up with effective medicines to cure an ailment. In this regard, the place of their research, trials, medical experiments and studies i.e. the bio clinical laboratories are of paramount importance. As it offers not only the required space but the infrastructure to carry on clinical trials.


What is a bio clinical laboratory?


Simply put bio clinical laboratories can be best defined as full service medical laboratories that have vast experiences in diagnostic medicine and other forms of research activities.


Services Offered by Bio Clinical Laboratories


Most bio clinical laboratories in India acts as the central laboratory that forms the very nucleus of multiple studies and research activities that are certified by NABL and CAP. The laboratory takes part in multiple external proficiency testing programs in alliance with national and global labs to retain high standards in quality control and management. Furthermore, Indian clinical laboratories are also equipped with state-of-the-art medical architecture that includes a wide array of innovative devices and impeccable logistics. This apart, the most important element in a bio clinical laboratory are the highly experienced and adequately trained medical professionals who are backed up by an advanced medical paraphernalia that comprises the latest Laboratory Information Management System (LIMS) for online data transfer ensuring lesser turnaround time with excellent levels of quality and consistency.


Furthermore, Indian bio clinical laboratories are totally geared up to conduct investigations that comprise:


* Hematology

* Urine Analysis

* Coagulation Studies

* Biochemistry

* Clinical Pathology

* Endocrinology

* Serology

* Inflammatory/Immune markers

* Infectious Disease Markers

* Therapeutic Drug Monitoring

* Tumor Markers

* Lipid Profile

* Liver Function Test

* Anemia Profile

* Renal Profile

* Diabetic Profile

* Biomarkers


In the recent past there have been major threats from chronic diseases that needed immediate medical attention and advanced treatment modalities. There are global medical, biotechnology and pharmaceutical companies that works towards getting drugs quicker to the market. However, they also require partners who will assist in seamless delivery and development. This has lead to the emergence of bio clinical laboratories giving scope and opportunity to the medical professionals for drug development.


Read Also On: Biometrics Companies , Clinical Pharmacokinetic ,  Phase I Study

Language Translation Network - Connecting Users Worldwide

Today as the world moves towards globalization, the international success of any business houses is dependent on their ability to communicate  across cultures, channels and languages. A wise business man therefore doesn’t just depend on own skills to develop his business reach, but involves translation services with localization to connect to customers across the world.

 

The booming business industry showcases the language translation services as an essential aspect of every business, irrespective of this being a large-scale business establishment or a small and medium business enterprise. Further, the organizations are faced by the challenges of  communicating to the local user group.  The effectiveness of communication  is based on the language understandable by the users,  the failure of  which leads to lack of professionalism and cost overruns.


Translation services play a major role in achieving a high level of professionalism.  With two types of translations services available- human translation and machine translation, enterprises can choose from taking up any one or both. The reality is that in modern times when enterprises look forward to explore new domains and markets to take their business to greater heights, the translation  services  with a large translation network help the organizations to connect with their customers.


The globalization of the world market has thus led to an increase in the use of  translation services. The demand for accuracy in translation services has promoted the growth of a language translation network made up of large number of skilled translators. Besides, with the world so technologically enabled, enterprises also makes use of the  automated language translation system. The leading language  information technology providers translates contents through a revolutionized method throughout  the business environment. The web-based and collaborative translation platform helps both large business houses and small and medium enterprises and even government agencies to effectively translate the content into a number of languages.


The leading translation service providers with their language translation network and  expertise of working through a cross section of industries, effectively  cuts through the complexities of translation and localization. Further, with bilingual speakers and contextual translations of words and phrases the software speeds up the translation process.


Though human translation as reached high standards, the use of language translation software helps enterprises accommodate translation of  scientific or business documents into a number of languages. This benefits the enterprises by providing terminology management which further maintains the consistency and accuracy required in messaging formats. The translation memory works to facilitate content recycling.


Professional translation services will ensure  consistency and  quality  of the translated document  and will also  help to maintain  the original document style.

Related Links:  Translation Network,  Automated Language Translation

Engineering Product Design for Advanced Aircraft Interiors

Comfort is a fundamental aspect that to be considered when it comes to the interior design of an aircraft. Aerospace engineering has undergone considerable changes and has successfully overcome impediments to achieve new heights of success.


With various researches done on aircraft design technology, and aircraft interior design capabilities include product design support as well as certification support extended to stowage panels, sidewalls, ceiling panels, galleys.


Earlier, it took a large number of trip reports and passenger feedback to collate views about various aspects that needs to be enhanced in order to design a comfortable airplane interior body.


To match these expectations the aircraft interior designers of eminent companies specializing in avionics engineering services had to look into various aspects of aircraft interior design and manufacturing. And this usually required vast amounts of knowledge and practice to evaluate and determine the best processes so as to ensure that there is neither any wastage of resources nor any excessive damages with a control on costs.


Leading companies in aerospace manufacturing engineering services today also specialize in many areas of aircraft cabin interior design and manufacturing. These engineering outsourcing companies execute standards that are at par with global engineering services with a fully equipped inspection center and the usage of premium quality inspection instruments. These consultants render top grade, robust and highly secured real-time assistance to address all issues effectively.  


The manufacturing and product engineering services specialists deploy healthy practices that help in the preservation of the environment and the customers are provided with healthy benefits as well.


They also have a well-developed testing center where the products are tested thoroughly before they are given the final approval. The services provided by these outsourced companies are optimized and with adherence to the global engineering standards.


Aircraft interior designs  play an important role in the process of selling or buying an aircraft, both in commercial or defense sector. An aircraft whose maintenance and performance records are impeccable is something that would be in high demand. Top engineering product design teams would ensure an aircraft with innovative technology, incredible exteriors and advanced interior designs.


The aircraft interior design issues can be easily solved with popular engineering companies dealing in aerospace manufacturing who have forayed into the market to addresses aircraft interior design concerns along with their regular aerospace testing services. Team up with the best set of professionals and adhere to ideal guidelines to ensure a prosperous tomorrow.


Related Links:  manufacturing services  ,  engineering consultancy service

Engineering Product Design for Advanced Aircraft Interiors

Comfort is a fundamental aspect that to be considered when it comes to the interior design of an aircraft. Aerospace engineering has undergone considerable changes and has successfully overcome impediments to achieve new heights of success.


With various researches done on aircraft design technology, and aircraft interior design capabilities include product design support as well as certification support extended to stowage panels, sidewalls, ceiling panels, galleys.


Earlier, it took a large number of trip reports and passenger feedback to collate views about various aspects that needs to be enhanced in order to design a comfortable airplane interior body.


To match these expectations the aircraft interior designers of eminent companies specializing in avionics engineering services had to look into various aspects of aircraft interior design and manufacturing. And this usually required vast amounts of knowledge and practice to evaluate and determine the best processes so as to ensure that there is neither any wastage of resources nor any excessive damages with a control on costs.


Leading companies in aerospace manufacturing engineering services today also specialize in many areas of aircraft cabin interior design and manufacturing. These engineering outsourcing companies execute standards that are at par with global engineering services with a fully equipped inspection center and the usage of premium quality inspection instruments. These consultants render top grade, robust and highly secured real-time assistance to address all issues effectively.  


The manufacturing and product engineering services specialists deploy healthy practices that help in the preservation of the environment and the customers are provided with healthy benefits as well.


They also have a well-developed testing center where the products are tested thoroughly before they are given the final approval. The services provided by these outsourced companies are optimized and with adherence to the global engineering standards.


Aircraft interior designs  play an important role in the process of selling or buying an aircraft, both in commercial or defense sector. An aircraft whose maintenance and performance records are impeccable is something that would be in high demand. Top engineering product design teams would ensure an aircraft with innovative technology, incredible exteriors and advanced interior designs.


The aircraft interior design issues can be easily solved with popular engineering companies dealing in aerospace manufacturing who have forayed into the market to addresses aircraft interior design concerns along with their regular aerospace testing services. Team up with the best set of professionals and adhere to ideal guidelines to ensure a prosperous tomorrow.


Related Links:  manufacturing services  ,  engineering consultancy service

Global Concerns Addressed Through Open Innovation

The way to survive in an aggressive and competitive market scenario is through creative innovation. Every company today is equipped with excellent professionals, marketing and R&D teams for carrying on effective research, marketing and branding activities. However, the key to success depends on making use of open innovation that helps generate creative ideas, that distinguishes the brand from others. This process of idea management and idea generation is being adopted by all global brands either to come up with new product development ideas or to resolve an impending concern.


Who could have imagined NASA, the global space research agency to resort to open innovation?   NASA in collaboration with Harvand Business School established the NASA Tournament Lab, which is an online platform that offers the entire TopCoder community to compete against each other for providing innovative solutions to the multiple challenges faced by NASA researchers. According to Jason Crusan, Chief Technologist, NASA Human Exploration Operations this open innovation model helped in finding “ways to fill gaps in our technical capabilities”.


One can say that this is one of the primary objectives of idea management technique and open innovation. It helps in connecting the “idea dots” and ending creative blockages by encouraging employees as well as others to contribute their views and opinions. Advanced crowdsourcing software and techniques used by brands establish the fact that a revolutionary idea can be contributed by a common man and can help resolve global concerns.


In the recent past, abrupt climatic changes and global warming has been a critical global concern. An Extremity in both these conditions has the chance of resulting in chronic ailments. In order to tackle this concern, the MIT Center for Collective Intelligence made use of crowdsourcing techniques and encouraged everyone to share their views and potential solutions to the concern. MIT came up with a Climate CoLab and utilized the collective intelligence that came in the form of innovative ideas and creative proposals addressing both global warming and climatic change. Know more on innovation products.


A decade back it was practically impossible to think that the common man could contribute his ideas on serious global concerns. Today enterprises have realized the importance that people  are one of the best and primary sources of ideas for open innovation. Their thoughts and viewpoints, based on daily subtle nuances that otherwise goes un noted, can form the base of innovation and knowledge sharing.


Know more on: managing innovation & idea management system

 

 

 

 

Manage Return Goods With Returns Management Solutions

Till some time back, several organizations only concentrated on a forward supply chain. That means, enterprises and managers were more concerned about making their forward supply chain smooth and completely flawless. However, with the prevailing market changes, most companies are gradually realizing the importance of product returns and its impacts. Entrepreneurs have realized that return goods are an absolute truth of business, and rather than taking it to be a nuisance it is better to proactively come up with steps to cost-efficiently manage it.


What is returns management?

The best way to define returns management (RM) is that it’s the “management of all logistics operations related to returns of products from their original user to their supplier with the intention of a cost-effective recovery, while meeting all legal obligations”. On most occasions product returns are assessed from the point of view of transportation expenses, inventory and warehousing expenses. However, the crux of the matter remains that efficient returns management can assist in increasing future profits.


Today majority of distribution networks are not set up well to manage the products that return from consumers. Boxes and consignment that return generally get stacked up in warehouses occupying space with no valuable returns to the supply chain solutions. The aggressive and competitive market scenario has made returns good management an essential process keeping in the legal disposition requirements. The process that a standard returns good management system must include are:


  • Detrash and destruction of materials that are returned

  • Date code based warranty assessment

  • Test diagnostics and repair

  • Software and/or firmware upgrades

  • Refurbishment

  • Repackaging

  • Warehousing and Distribution

  • Legally compliant disposal


The best way to manage your returns goods is by partnering with a leading industry solution provider that will help you to overcome all the bottlenecks that come in the process of rework and return of products. It also helps in generating valuable resources i.e. recycling waste products and creating something productive out of them. Furthermore, advanced returns management programs guarantees customer satisfaction that minimizes expenses and helps in increasing the overall productivity. RM services offered by leading companies include the following:


  • RMA(Returns Materials Authorization) Support

  • Warranty Returns

  • Lease Returns

  • Refurbishment

  • Test and Debug

  • Repackaging

  • Fulfillment Solutions

  • Disposal (Remarketing and recycling)

  • Web Based Inquiry and Reporting


Advanced returns management solutions are well equipped to identify out of date revisions and components instantly after receipt. Leading solution providers are working towards setting up appropriate disposition methodologies for end users that in turn saves warehousing stock that was getting wasted.


Also learn more about : global supply chain   & supply chain management

Detect Your Online Defaulters and Combat Them

Used appropriately the internet is one of the most innovative medium one can have. In fact, the latest online trade and ecommerce sites bear testimony to this fact. At the same time, internet when used illegally leads to fraudulent activities such as grey market sales, counterfeiting and other types of internet fraud. With so many online shopping websites flourishing in the marketplace today, it is essential to curb the rate of internet fraud. This would help to eliminate false and duplicate goods entering the market, helping original products to reach the consumers.


Negative impacts of Internet Fraud


Counterfeits not only effect the brand reputation and bottom-line of the customers, consumers also feel cheated as they are getting counterfeit products.  Organizations need to take proactive steps to prevent internet fraud, so that the original brand names do not face any brand erosion or monetary loss.  


Industry solutions for preventing internet fraud


Today top notch companies have come up with innovative online fraud detection solutions that help a brand to combat counterfeiting and other online hazards. These solutions monitor a wide selection of sources that includes B2B websites such as Tao Bao, e-Bay, Alibaba and other types of grey market mails. It offers analyzed and identified suspect information to users in an “easy-to-use” dashboard or through email alerts on mobile. This visibility analysis attained helps a company to respond proactively to online frauds. Other advanced features that help in online fraud detection are:-


* An improved SaaS –based anti-counterfeiting software solution

* High-end search techniques that monitors the internet on a regular basis

* Applying human intelligence to ensure data integrity

* Prioritizing suspects depending on client specifications


Leading service providers in online fraud detection solutions have also designed innovative web mining and reporting techniques. This helps organizations to gain visibility beyond their supply chain into the global, open market space. Along with actionable data concerning any kind of fraud, advanced fraud detection solutions enable companies to regain lost margins due to channel violation and improve their lost brand reputation.


You can take immediate action against violators by tracking the distributors or channels responsible for supplying the faulty goods to the gray market sources and take automatic enforcement actions and auction site shutdown.


Hence, in order to secure your brand from all these negative effects, it is essential to resort to effective online fraud detection solutions.