Welcome to Enabling Automation! The fifth episode of season 3 is "Reducing risk in the automation process". Join our season 3 host, Simon Drexler, as he discusses with special guest, Ryan Babel.
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In this monthly podcast series, join industry leaders from across ATS as they share and discuss the latest industry trends, new innovations, and more! ATS is an industry-leading automation solutions provider to many of the world's most successful companies.
Timestamps
00:04 – Introduction
02:03 – How do you start the discussion on mitigating risk?
03:31 – Risk management tools
04:56 – Creating a risk heat map
06:06 – Writing down the process in detail and risk
08:09 – The proof of principle process
10:02 – Favourite proof of principle?
11:39 – How does new technology impact risk reduction? Or is it causing more risk?
13:36 – Using what you know and what has been done in the past
14:55 – Best practices for good team structures
19:34 – 3D printing and risk reduction
22:40 – How do you look at improving your process to identify and mitigate risk over time?
25:15 – Final thoughts
26:00 – Closing
Starting the process of mitigating risk can be overwhelming. The first crucial step in this process is to identify the risks and define requirements. The next step is creating a framework of objectives and writing them down. This foundational step leads to clear user requirements, functional specifications, and helps identify gaps and missing information.
The most important tool in risk management is risk heat map, which helps identify and categorize risks as green, yellow, or red based on clear, written requirements. This enables you to deploy the right tools and strategies to mitigate these risks effectively. Tools are matched to a specific risk, ensuring precision and efficiency.
The risk mitigation and identification process is a process of continuous improvement. Leveraging team feedback and refining tools can help foster improvement and innovation. Gathering insights from both internal and external sources also helps enhance methods and drive value.
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