Risk Management System – Digital and Integrated
Proactively manage risks of pharmaceuticals, medical devices and other products with TrackWise Digital. The built-in templates comply with ISO 14971 and ICH Q9 allowing manufacturers to manage risks throughout the entire product lifecycle directly within TrackWise Digital.
Integrated top-down and bottom-up risk assessments, such as the Hazard Analysis and FMEA, for holistic quality and product risk management.
Visualize severities, occurrences and residual risks on a risk matrix to facilitate evaluation of the overall residual risk and benefit.
Improve existing risk assessments and evaluations through data gathered throughout TrackWise Digital.
About Risk Management Systems
Industry experts from Axendia and Honeywell discuss the value of quality risk management and its practical applications.
The ability for the risk management process to create long term quality value for manufacturers is hindered by legacy processes that are a messy result of ad-hoc changes and hasty compliance initiatives.
Risk Management Connected to the QMS
Effectively Manage Medical Device Risks With TrackWise Digital
To reduce harm to patients and users, quality risk management must successfully integrate with the quality management system.
Insights into the methods and benefits of digitally integrating a quality risk management program to the quality management system.
Risk Management and Quality Integrated With TrackWise Digital
Increase patient safety and improve product and process quality with effective risk management visibility across the organization and supply chain, allowing manufacturers to quickly prevent or mitigate quality issues.
Ensure all risk-based decisions and actions within the QMS are handled using consistent criteria for risk analysis, evaluation, control and acceptability of residual risks. Leverage data from core TrackWise Digital quality processes.
Manage risks from concept development to production and post-production with a living risk management file that reflects the latest data from the QMS and the supply chain.
TrackWise Digital Risk Management System Testimonials
Risk Management System Capabilities
Risk registry provides traceability of each hazard through risk analysis, evaluation, and control for specific products, product families, or a product platform. Electronic signatures and audit trail functionality, in accordance with 21 CFR Part 11.
Hazards Analysis and Failure Mode and Effects Analyses (for Use, Design, and Process) for a complete risk analysis. Save time and resources when building a risk analysis for similar new products, or product line extensions, with the ability to leverage portions of existing risk analysis into a new risk analysis.
Consistent risk evaluations to determine risk control. Track risk control activities for completion with team assignments and due dates. Evaluate residual risks to monitor risk reduction after risk control measures have been implemented.
Visual representation of individual residual risks on a risk matrix shows graphical distribution of the risks and facilitates evaluation of the overall residual risk and benefit.
Nonconformance and CAPA records directly linked to individual residual risks within the risk management file to aid in root cause analysis.
Collect information throughout the product’s lifecycle to improve accuracy of the risk evaluations, signal detection and benefit-risk analyses.
Risk Management System FAQs
Yes. The built-in templates, such as the Hazard Analysis and FMEA, can be tailored to align with a manufacturer’s current manual-based templates. Furthermore, manufacturers can keep their existing risk evaluation and acceptability criteria, including severity and occurrence categories, to drive a seamless risk management digital transformation.
Yes. From risk management planning to risk review, manufacturers can implement a state-of-the-art risk management program using TrackWise Digital Risk Management. Documentation and verification of risk control activities, as well as the use of real-world evidence from post-market surveillance to improve risk evaluations, are just some of the capabilities that manufacturers can leverage to achieve compliance.
Yes. TrackWise Digital with Risk Management enables manufacturers to seamlessly link the risk management process to other quality management processes, including complaints, nonconformances/deviations, and CAPAs, as well as performer supplier risk analysis. This allows manufacturers to make consistent, risk-based decisions across the QMS for risk analysis, evaluation, control, and acceptability of residual risks.