Operational
review was able to incorporate best practices
and ensured timely collection of information.
This allowed for quick response time when
outliers were identified. Departments
production was increased by 125%, while
inventories were reduced by 253%. The
department met its targets and was able
to build an ongoing corrective action
plan to resolve new issues. After meeting
regulatory compliance the customer was
able to reduce the amount of effort required
from the operational risk business unit
and workflow ensured that exceptions were
rare.
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