Paper Title
A REVIEW OF BEST PRACTISE AND CHALLENGE ON RISK ASSESSMENT AND MITIGATION IN PISTON MANUFACTURING INDUSTRY
Article Identifiers
: Authors
Keywords
Risk Assessment, Risk Mitigation, Manufacturing Industry, Best Practices, Challenges, Failure Mode and Effects Analysis (FMEA), Hazard and Operability Study (HAZOP), Predictive Analytics, Operational Safety, Risk Management Framework..
Abstract
In the dynamic landscape of the manufacturing industry, effective risk assessment and mitigation are critical for ensuring operational continuity, safety, and compliance with regulatory standards. This review synthesizes current best practices in risk management, emphasizing systematic approaches such as Failure Mode and Effects Analysis (FMEA), Hazard and Operability Study (HAZOP), and the application of advanced technologies like predictive analytics and machine learning. Additionally, the paper explores the challenges that organizations encounter, including resource constraints, cultural resistance to change, and the integration of risk management into existing processes. By analyzing case studies and industry reports, this review aims to provide a comprehensive understanding of how manufacturing entities can enhance their risk management frameworks. The findings underscore the importance of fostering a proactive risk culture and the need for continuous improvement in risk assessment methodologies to navigate the complexities of modern manufacturing environments. This work serves as a valuable resource for industry practitioners and researchers seeking to advance risk management practices in manufacturing.
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How To Cite (APA)
P.RAMU & M.MANOJ KUMAR (March-2025). A REVIEW OF BEST PRACTISE AND CHALLENGE ON RISK ASSESSMENT AND MITIGATION IN PISTON MANUFACTURING INDUSTRY. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 10(3), d786-d791. https://ijnrd.org/papers/IJNRD2503384.pdf
Issue
Volume 10 Issue 3, March-2025
Pages : d786-d791
Other Publication Details
Paper Reg. ID: IJNRD_304899
Published Paper Id: IJNRD2503384
Downloads: 000121988
Research Area: Science and Technology
Author Type: Indian Author
Country: maraimalai nagar, chengalpet, tamil nadu, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2503384.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2503384
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