Effective Enterprise Risk Management - Path to Enduring Success

The first step that you need to take for your enterprise risk management to be effective is to get a buy-in from the top service providers. Implementation of ERM (enterprise risk management) needs to start from the very top – the CEO (chief executive officer) and the board members. This should include the senior management team as well. People should be committed when it comes to managing all the risks proactively and implementing such a system across the organization. You need to let all your employees know why such a system is being implemented in the organization

 with proper communication. They should have a clear idea of why it is important to your organization.

Talking with the CFO

When you are implementing risk management solutions such as these you must talk to your CFO (chief financial officer) as well. Financial leaders have a lot of involvement in managing the financial and conventional risks of the business organization. They also play an important role when it comes to understanding this structured way of risk management

and identifying issues and mitigating them.

Carrying out a risk process inventory

Before implementing any risk management software, it is always better to check out first what your organization is already doing in terms of mitigating risks.  If your company is already doing quite a lot in this particular area you would not have to do a whole lot in this particular regard as such. After all, if you start something from the scratch it means that your team would have to put in a lot of effort to make the system function the way it is supposed to.

Adopting a framework

Before you choose any ERM software, you first need to make sure that you do proper research so that you can choose a system that works well for your company. Normally the popular systems in this regard are fairly robust and they suit most of your requirements, if not all of them.      

Conclusion   

When you are going to use an enterprise risk management system in your organization, you should identify the biggest threats that your organization is facing. For this, you would have to work across the organization so that you can find out the risks that can have maximum impact on your organization with the highest chance of occurring in your organization. This way you would be able to train your employees on the bigger issues rather than wasting your resources on countering each threat irrespective of its magnitude.

 

Audit Management Software – Way to Improve Business Efficiency and Internal Collaboration

Businesses are evolving constantly and along with that the business processes and their complexity are also increasing. This requires them to have a robust Audit management software as paper-based solutions are not efficient enough to help manage internal audits with ease.

The need for regular audits has become a must to ensure that the quality standards are met and risks of non-compliance are reduced. Laser GRC brings you the Audit management software which can help you with all of this and more, you can easily manage business plans, simplify various processes and generate multiple audit reports which can help you improve the efficiency and internal collaboration in your business.

A centralized Audit management system allows you to have complete control over the audit cycle this helping you improve the management of all the activities and business processes without having the limitations which occur when worked upon manually.

Here are a few characteristics of Laser GRC’s Audit management software :

1. Dashboard: Being a centralized audit management system allows you to have an overview of all the audits going on and their progress in a single dashboard. You can easily access specific information by adding filters such as importance, departments, etc.

2. Plan your Audits: Having an overview of everything in a single place makes it easier for you to plan the audits in a way that will help you improve the efficiency of all the business processes. This feature also allows you to keep a track of all the audits while allowing you to schedule the upcoming audits for the various auditors.

3. Audit Programs: You can either choose to create an audit program from scratch or use a pre-saved one from the audit repository in the system. This can help you have a standard audit process in place thus ensuring that all the crucial data is collected while auditing, following which critical decisions can be easily made.

4. Work Paper: You can easily create various work papers for the outcomes of all the audit programs. This will make it easier to have a quick view of all the finds from each procedure and policy which has been evaluated.

5. Add attachments: This centralized system also allows you to add attachments in multiple formats such as Microsoft Word, PowerPoint, PDF, PNG, JPG. Since it can support all these formats, it ensures that you can keep all data in a single place and retrieve them easily as and when required.

These are just some features of an Audit management system and how they can improve your business processes. To know more about audit management systems and how they can be beneficial for your business, get in touch with the experts at Laser GRC.

https://www.lasergrc.com/lars.asp

Free Open Source Document Management Software - Its Drawbacks and Loopholes

The Electronic document management system is essential for every business- it helps you store and retrieve information whenever and wherever you want, without having to haggle around cabinets for hours together. 

The scanned versions of various documents can be easily uploaded on the Electronic document management system, wherein they are kept securely in digital format. You can organize your files using metadata and tags making it easier to track documents. 

One of the most important considerations of a document management software is the workflow; users are now able to navigate file structures and face minimal hassles while collaborating with other users. 

Furthermore, implementing an electronic document management solution can provide you with mobile access to ensure greater efficiency and more benefits for your business.

The Proprietary Document Management System is typically observed as the best option for professional applications. These programs are designed and maintained by well-known or well-established System providers in the market with the tailor-made approach. Often, the systems themselves have a recognizable brand name, simply because proprietary systems are used in so many corporate and business settings for document search, storage, security, and collaboration.

An open-source document management system can enable your organization to easily access, share and monitor all sorts of files and documents without wasting any time. But Security-conscious organizations may need to develop in their own proprietary document management system.

In an open-source system, the company is responsible for customizing the software for the users and furthermore ensuring that they implement the various updates which have been built by the open-source community. 

The open-source document management software could be the right choice for limited professional businesses since you can build and customize it to meet fewer needs and demands. This solution is free to use, modify and also redistribute. Regular inputs and constant modifications can help improve the product over time. The main advantage of open-source software is the flexibility that comes with it.

But well established Corporate organizations need Large Document Management Services with inhouse server installations to handle huge document flow, bulk record management, strong security features and many more with 24*7 onsite technical support teams and quick escalated action on problems. They are always ready to spend a huge amount for the sake of their own document management system.

Another thing is that open-source DMS has its disadvantages.

     Fewer DMS features: Even the best open-source DMS will not be equipped with all the features of a proprietary program.

     Muddy Compliance Issues: Programs in the open-source niche are less likely to meet the compliance standards of the government agencies or different business industries, unlike proprietary DMS that are mostly designed with regulatory guidelines in mind.

     Lack of technical support: With proprietary document management systems, there are numerous troubleshooting options available at your disposal. But you won't find the same technical support when it comes to the open-source document management system.

     Unresolved Problems: While your free Document Management Software may have a discussion forum where one can ask questions and request new features upgradation and bug fixes, several of these inquiries can go ignored for weeks or months at a time. So unless you have someone on your staff who can dive into the source code and handle the fix in-house, you might be out of luck.

Obviously, the pros and cons of every digital solution present out there, go hand in hand. It is on you to identify what works for you and what doesn't and accordingly make a choice. If you are looking for the best proprietary  Electronic document management system and still have a lot of queries, then don’t hesitate to reach out to the experts at IKON BPS for all your needs.

Benefits and Application of Irradiation in Vegetables and Fruits

The process in which food and food packaging are exposed to ionizing radiations such as x-rays, gamma rays and electron beams to improve the shelf life of the various food products, is called Food Irradiation

Additionally, this process is used to reduce the risk of foodborne illnesses such as Salmonella and E.coli, delay ripening or sprouting in fruits and vegetables and sterilize foods as a means to control invasive pests and insects that could spoil the quality of food.

While irradiation is growing to be a popular technique in the food and agriculture sector, almost more than half of consumers have negative perceptions about irradiated food since they imagine the food to be mutated or radioactive and that it could damage their body. 

But, this is not how irradiation works. Irradiation techniques kill the living bacteria on the food and do not change the quality of the food itself. The WHO, the USDA and many other organizations have evaluated irradiated food to be safe for consumption. 

Here are a few benefits of irradiated food:

1. Preservation of food by destroying inactive organisms that could cause spoilage or decomposition of food, thereby increasing the shelf life of the food product.

2. Irradiation can be used to sterilize certain food products so that they could be stored for many years without refrigeration. Sterilized foods find their applications in hospital settings for patients with AIDS and patients undergoing chemotherapy- who have a severely damaged immune system.

3. To delay sprouting and ripening of fruits and vegetables and to increase their longevity.

4. To destroy or control insects that can grow on or in tropical fruits kept for imports.

5. To eliminate organisms that can cause foodborne illnesses.

Food Irradiation finds its applications mostly in treating fruits and vegetables since these food products can decompose quickly. The chances of fruits and vegetables getting spoilt by insects are also very high. 

If fruits and vegetables, especially the tropical ones need to be exported to another country, then their shelf life has to be long enough. Therefore, industries today make use of irradiation in fruits and vegetables to increase their longevity and to keep the insects and pests away.

Symec Engineers is one of the top Food Irradiation facility providers in India to help agriculturists increase the shelf life of their crops. Apart from this, they also provide irradiation facilities for medical products and devices manufacturing industry, Rubber Industry for vulcanization and for animal and poultry feed irradiation.

Ultimate Role of High-Speed Disperser in Powder Dispersion Process to Get Homogeneous End Product

High speed dispersers are a type of a mixer which used to rapidly breakdown the lumps of materials which are powdery in nature, while also distributing it uniformly and wetting it in a liquid. 

Dispersers are also used for dissolving soluble solids in liquids. A disperser typically operates on the principle of energy transfer: a disc blade which is mounted on the bottom of the mixing shaft rotates at a relatively high speed and as a result of this, the liquids and solids are drawn in the rotating disk creating a suction. 

This suction usually results in two opposite visible whirlpools- one from the top to the bottom and the other from the bottom to the top and these together are called vortices.

When the solids and or the liquids enter these vortices and engulfed into the high-power disc, the energy is immediately transferred to the mixture from the disc and this creates tremendous changes in the velocity.  As each layer of the mixture comes in contact with the disc, it is instantly accelerated from the slow speed vortex to the high-speed disc and is, therefore, projected into an outward direction, which is towards the wall of the tank and away from the disc. This is how a high-speed disperser typically works.

A disperser is quite different from an agitator, while both devices are used to mix components. While an agitator is a high volume, low powered high-intensity mixer, the disperser is quite a low-intensity mixer. 

This does not mean that the disperser is not good at all. While agitator may be more efficient,  it is a disperser which can generate the shear force that is required to rapidly break down the powder lumps in the liquid, which an agitator cannot do since it cannot generate the necessary shear required for de-lumping.

Dispersers come in various types depending on their speed- single speed, double speeds, and variable mixing shafts. While some high speed dispersers are directly mounted on top of a tank and are fixed to operate with a blade, other tank-mounted dispersers can raise and lower the blades without actually exiting the tank.

Since there are various types of dispersers and the size of each is generally thought in terms of their horsepower, you will require a professional to help you select the right kind of high speed dispersers that will suit your needs and requirements. Contact Stalwart International to help you out with your disperser-related queries and problems. 

Corrugated Tube Heat Exchanger to Obtain Higher Heat Transfer Coefficient

Corrugated Tube Heat Exchanger

Various industries use chemical processes that require heat to be transferred between two fluids or gases. While many industries still make use of the plate heat exchangers for simple viscous fluids like water, milk and some thin oils, it is best to use tubular heat exchangers. 

There are many types of tubular heat exchangers available in the market, but the one that provides the highest efficiency depends upon the type of tube that is used and not its configuration. Yes, we are talking about the corrugated tube heat exchangers that are extremely efficient at transferring heat than the smooth ones.

Here are a few advantages of corrugated tube heat exchanger that helps obtain a higher heat transfer coefficient:

1. Increased Efficiency: When a fluid passes through the tube of the heat exchanger, a lot of factors affect the way it moves such as the pressure, the nature of the fluid (its viscosity), and the design of the tube wall. In a smooth tube, the fluid moves in a plain path and the particles of the fluid do not interfere with each other.  On the other hand, corrugated tube heat exchanger creates turbulence within passing fluid, which makes the corrugated tube more efficient by preventing the viscous fluid sticking to the internal surface of the tube.  It also prevents materials in suspension from dropping out of the carrier fluid.

2. Easier Maintenance and Cleaning: Since corrugated tube heat exchanger provides a sufficient amount of turbulence it is much easier to clean and maintain and therefore, more reliable too.

3. Smaller Footprint: Since this type of heat exchangers have increased heat transfer rate when compared to the smooth tube of the same length, they can be made smaller in size.

4. Longer Running Times: Corrugated tube heat exchanger prevents the formation of a boundary layer in the tube, thereby increasing the thermal efficiency and reducing the downtime needed to keep removing it.  

Corrugated tube heat exchanger comes in different geometrics such as the HARD Corrugation which allows achieving the high increase of heat transfer co-efficient and the SOFT Corrugation which is an intermediate between smooth tube design and HARD tube corrugation that improves heat transfer to a comparatively lesser extent. 

To obtain a higher heat transfer coefficient, the number of starts of the helix must be changed as well as the angle of the tube. Stalwart International deals with various types of the corrugated tube heat exchanger and the professionals here know which type would exactly fit your requirements. To know more, visit their website and get in touch with their team experts.  

How Irradiation Can Change the Entire Scenario of Sea Food Industry in India?

The requirement of preserving food has never become more relevant than now. The gap between demand and supply of fresh food has always been seen as a challenge. The reason for this gap is, of course, the seasonal production and the long distance to be covered for the produced food to reach consumption center can be considered as the two most critical challenges.

Now, in India, where the heat is mixed with immense humidity, the gap between demand and supply is much more visible. The insect infestation or microorganism is enough to destroy the fresh food. It does not only happen in the case of the crops, but the same thing happens to the seafood as well. And, the rising rate of spoilage was decreasing from nowhere until the Gamma Irradiation facilities in India has come to the focus.

http://www.symecengineers.com/food-irridiation.html

Methods of Food Preservation India Has Practiced

Just like the various other parts of the world where raw food production is considered as a niche, in India also, different food preservation processes are being followed. Some of the most popular methods include drying in the sun, fermentation, and pickling. There are other techniques such as refrigerating and canning as well. Evidently, the last two methods are energy consuming.

So, there was always this search for a new method going on. The primary criteria were effective food preservation and that too without tampering the quality of the food in any way. The process of food irradiation has turned out to be one of the best and most practiced methods for food preservation in India recently, and the demand is gradually rising.

http://www.symecengineers.com/food-irridiation.html

Sea Food and Irradiation

Now, let’s be specific to our topic here. Research work has proven the point that the process of irradiation has substantially minimized the amount of spoilage in fresh meat and seafood. The dosage or range of radiation given to seafood is around 1-10 kGy. This process of enhancing the shelf life of this sort of products is often termed as Radurization.

http://www.symecengineers.com/food-irridiation.html

The Benefits of Using Irradiation on Sea Food

l The very first benefit is, of course, maximizing the shelf life of these fresh products. The seafood can be preserved for literally indefinite time till the package quality is not compromised.

l Secondly, the process of food irradiation also helps in minimizing the organism activities. The process can treat the spores or any traces of an infestation in the seafood in such a way so that it becomes untraceable by any method.

l Thirdly, the process further helps in the thermal canning. As a result, the shelf life of seafood automatically increases without even the need for refrigeration.

The Verdict

So, it’s evident that the future of food irradiation for seafood is quite bright in India. Be it for disinfection of dried seafood, the shelf-life extension of fresh seafood or pathogen control for the frozen seafood - with this method; everything is achievable. Consideration of more and more consumer responses, follow-up with the regulation and of course the economic changes definitely indicates to the non-disrupted flow of the technology in the seafood industry in the coming years.