Technology adoption and advancements in business operations and increasing use of data analytics/ visualization are paving the way for audit functions to re-imagine the way in which audits are planned and executed. A transformed audit model includes analytics beyond sample-based testing to include full population analyses of audit-relevant data. Analytics enables greater assurance in identifying and sizing business risks, provides necessary audit evidence and enables auditors to offer deeper, relevant and actionable insights to business stakeholders. How are audit departments leveraging analytics? Are audit departments rating analytics as valuable in achieving their objectives? What analytics tools are most commonly used? What skills should auditors of the future consider adopting to grow and align with such a transforming model? Join us to discuss these and share your perspective or approach on this important topic at this section meeting.Continue reading Section Meeting: How is data analytics transforming the audit function?
The term “quality professional” has been around for well over 100 years, and like the industries this function serves, the meaning and skill sets continually evolve to suit the needs of industry. Our profession is rapidly changing and the competencies required are no longer within a single discipline, but rather found in multiple disciplines ranging from traditional quality tools to ethics and IT. This presentation will discuss the core competencies and responsibilities of the modern quality professional, and why a diversified skill set is now more important than ever. Embark on your journey of change now, or risk being left behind wondering why job opportunities and career growth are limited.Continue reading June 2019 Section Meeting: “Quality Professional” – Old Function, New Competencies
Join us for this month’s section meeting where we will be discussing Business Process Improvement in the Reinsurance industry.
Business Process Improvement, a core business function at BlueLine Associates, involves the evaluation of current practices, which is done through a thorough analysis of people, process and technology. The review provides solutions that improve the efficiency and effectiveness of the organization based on agreed critical success factors.
Our client wanted to conduct a complete process review across all business functions to identify opportunities to improve cost and quality. We performed an end-to-end process review to provide a holistic view of the company and implemented recommendations that achieve over $7m in operational efficiency while increasing employee satisfaction and engagement.Continue reading April 2019 Section Meeting: Business Process Improvement in Reinsurance, A Case Study
Organized and presented by Professor Paul G Ranky with invited speaker Robert Hacker, Director of StartUP FIU in Miami, FL, professor of entrepreneurship and social entrepreneurship at Florida International University, and NJIT Makerspace Colleagues and Students. Following this ASQ tradition, this Spring we are pleased to take our attendees to the new NJIT Makerspace, a $11.6 million hi-tech facility. During this event we’ll focus on how companies should focus on their digital quality transformation journey supported by human error prevention, detection and eventual human error elimination principles, methods, tools, technologies and workflows. A very exciting topic, that can save huge amounts for any organization! The advanced, computer controlled manufacturing, 3D printing, additive manufacturing and quality principles, methods, tools and practical examples presented are applicable to almost any factory, organization / business.Continue reading The Digital Factory Transformation Process To Reduce / Detect / Eliminate Human Errors In Computer Numerically Controlled Systems: 2019 Spring Mini Ott ASQ NJIT Quality Conference
Founded in 1976, the New York Transit Museum is dedicated to telling and preserving the stories of mass transportation – extraordinary engineering feats, workers who labored in the tunnels over 100 years ago, communities that were drastically transformed, and the ever-evolving technology, design, and ridership of a system that runs 24 hours a day, every day of the year. This bears on and helps understand the state of quality and challenges it faced in those days.Continue reading February 2019 Section Meeting: NY Transit Museum Tour
The NY/NJ Metropolitan Section will be hosting it’s annual Holiday/Awards Dinner to recognize and thank those individuals who have worked so hard to plan and implement the Section’s events over the past year. Please come and join the celebration
Date: Saturday December 1st at 6:30 PM to 10:30 PM
Location: The Manor, 111 Prospect Ave., West Orange, NJ (MapIt)
Registration: Deadline for registration is November 26th
Join our monthly section meeting where David Kahan will demystify Robotic Process Automation (RPA), outline its benefits, share predictions and provide insights on how organizations may proactively address the risk and control implications of RPA implementations.
Robotic Process Automation (RPA) technology allows organizations to automate high-volume, deterministic, system-based tasks by introducing a virtual workforce of “robots.” This technology can dramatically reduce costs, while improving service levels, data quality and reducing risk. The financial services industry has embraced RPA as a disruptive force that challenges the current state of business operations while simultaneously aligning with organizational drivers. Risk and Control considerations have been recognized as foundational components of a successful RPA program, yet sometimes perceived as burdensome and therefore may be sidestepped due to competing agendas (e.g. speed to market).
Continue reading January 2019 Section Meeting: How are internal audit departments tracking the risks introduced by Robotic Process Automation?
Don’t forget to register for next week’s Section Meeting on the Quality Aspects as Artificial Intelligence Progresses.
Dr. Beth Kujan will lead a discussion where we will consider aspects of intelligence we have come to expect from automation.