CLOSE

Specials

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Skip to: Curated Story Group 1
lifesciencesreview
US
EUROPE
APAC
CANADA
  • US
    • US
    • EUROPE
    • APAC
    • CANADA
    • LATAM
  • Home
  • Contributors
  • News
  • Conferences
  • Newsletter
  • Whitepapers
  • Magazine
×
#

Life Science Review Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Life Science Review

Subscribe

loading

Thank you for Subscribing to Life Science Review Weekly Brief

  • Home
  • News

Recommended picks

Advantages of Using Monoclonal Antibodies

Advantages of Using Monoclonal...

A Brief Overview Of Green Biotechnology Tools And Applications

A Brief Overview Of Green...

Key Advantages of Agtech in Farming

Key Advantages of Agtech in Farming

Nanotechnologys Impact on Environment: What to Know

Nanotechnologys Impact on...

How Automation in Pharmaceutical is Giving a New Direction to Drug Development

How Automation in Pharmaceutical is...

Ways Health Economics and Outcomes Research can Improve Decision Making Process

Ways Health Economics and Outcomes...

Top Agtech Industry Trends to Keep an Eye on

Top Agtech Industry Trends to Keep an...

Strategies to Mitigate Life Sciences Supply Chain Challenges

Strategies to Mitigate Life Sciences...

Advantages of Using Monoclonal Antibodies

Advantages of Using Monoclonal...

A Brief Overview Of Green Biotechnology Tools And Applications

A Brief Overview Of Green...

Key Advantages of Agtech in Farming

Key Advantages of Agtech in Farming

Nanotechnologys Impact on Environment: What to Know

Nanotechnologys Impact on...

How Automation in Pharmaceutical is Giving a New Direction to Drug Development

How Automation in Pharmaceutical is...

Ways Health Economics and Outcomes Research can Improve Decision Making Process

Ways Health Economics and Outcomes...

Top Agtech Industry Trends to Keep an Eye on

Top Agtech Industry Trends to Keep an...

Strategies to Mitigate Life Sciences Supply Chain Challenges

Strategies to Mitigate Life Sciences...

What is the Importance of Quality 4.0?

Life Sciences Review | Thursday, March 26, 2020
Tweet

The limitless forms of advanced technology are rapidly revolutionizing the ways companies do business and manufacture products.


Fremont, CA: Digital transformation and the fourth industrial revolution is not just a buzzword. The manufacturers, including the life sciences sector, embrace the new normal of using tech to achieve better data-driven operational efficiencies and speed to market. Quality 4.0 that aligns quality management with Industry 4.0 should be the priority for quality leaders. Connected systems and advanced technology solutions offer life sciences companies the digital tools they require to conduct in-line quality affirmation for closed-loop, proactive quality management.


Here are a few components of Quality 4.0 that will help to take the first step in adopting the Quality 4.0 approach.


Data – Data has been driving quality, and various updated regulations and standards highlight the importance of data-driven decision-making. But most of the market falls back in its adoption of real-time metrics, with only 22 percent of typical companies using real-time visibility of quality metrics in customer service, supplier performance, engineering, and manufacturing. Companies should seek ways to combine data from numerous systems to ensure accuracy and transparency.


 


Analytics – Above one-third of the market identifies the poor metrics as the primary barrier to accomplishing quality objectives. Typical quality metrics describe what happened, why it happened, and what can happen next, but they cannot prescribe what actions are to be taken, and insight only provided with the help of big data, AI, and machine learning (ML). Companies are well-served to create an analytics strategy after or concurrently with a data strategy; otherwise, the insights will be of little value.


Scalability – Several companies cite fragmented data sources and systems as a key challenge in achieving quality objectives. Without a global scale, the traditional quality and Quality 4.0 alike fail to reconcile processes, competencies, best practices, and the lessons learned throughout the company. Cloud computing is of particular value to scalability, along with data lake technologies, beginning by assessing the current scalability – or the ability to support the data volume, devices, users, and analytics on a global scale – of an in-house system.


See also: Top Analytical Services Companies


Weekly Brief

loading
Towards a New World Order
> <
  • Regulatory Services 2023

    Top Vendors

    Current Issue
  • Clinical Lab Equipment 2023

    Top Vendors

    Current Issue
  • Regulatory Services 2023

    Top Vendors

    Current Issue
  • Clinical Lab Equipment 2023

    Top Vendors

    Current Issue

Read Also

Prophesying DNA Sequencing for 2023

Crucial Workflows of Next-Generation Sequencing

An Overview of Next-Generation Sequencing

The Role of AI in Accurate Medical Writing

Patrik Renblad to Join Cantargia as Chief Financial Officer

Overview of the Life Sciences BPO Market

Dr. Zamaneh Mikhak Joins TFF Pharmaceutical as the New Chief Medical Officer

The Significance of AI in Medical Writing

Loading...

Copyright © 2023 Life Sciences Review . All rights reserved. |  Subscribe |  About Us follow on linkedin

This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

https://www.lifesciencesreview.com/news/what-is-the-importance-of-quality-40-nwid-120.html