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Scholars Journal of Economics, Business and Management | Volume-9 | Issue-07
Application of Risk Management in Development New Mechanical Testing Laboratory in Indonesia
Farid Nur Iman, Lily Lestari Christalina, Rhian Indradewa, Edi Hamdi, Tantri Yanuar Rahmat Syah
Published: July 7, 2022 | 106 142
DOI: 10.36347/sjebm.2022.v09i07.001
Pages: 153-158
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Abstract
The need for mechanical testing in Indonesia is increasing along with the development of the manufacturing industry. Manufacturing companies require mechanical testing to ensure the quality of their products are safe, strong and durable. Business development must be planned so that the business can continue to run and compete with competitors. One of the important things that must be considered is risk management, so that every company can find out what factors must be considered in the fields of operations, marketing, human capital and finance so that they can continue to develop their business and minimize risks in the future. PT. Premium Testing Lab (PTL) is a startup company that is established to provide solution for mechanical testing for manufacturing industry. Management of PT. PTL determines the principles and commitments adopted in risk management management. The risk management principles applied by PTL are based on ISO 31000:2018.