scholarly journals Chemical Warehouse Operations: Experience from SWIFT Integrated Logistics Sdn. Bhd

2020 ◽  
Vol 12 (Number 2) ◽  
pp. 65-80
Author(s):  
Kannadasan Nagalingam ◽  
Herman Shah Anuar
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Business Strategy ◽  
Academic Research ◽  
Standard Operating Procedure ◽  
Working Environment ◽  
Management Model ◽  
Continuous Training ◽  
Integrated Logistics ◽  
Warehouse Operations

This article investigated the comprehensive risk management model practised at SWIFT Integrated Logistics chemical storage operations. The objective is to systematically illustrate the risk factors by identifying risks and mitigating them from the flow of the operation. By reducing or containing the risk factors, we are able to provide a conducive, safe, secure working environment with initiatives toward zero-incident reporting cases. A qualitative research method was applied in this study. Respondents selected for this study were at the managerial level at SWIFT Integrated Logistics with experience working in warehouse operations for more than five years. SWIFT Integrated Logistics management wanted to diversify its warehouse customer's portfolio and accepted new business opportunities in chemicals warehouse storage. The move contributed greatly to the business strategy and finance, but they faced serious risk management issues, which resulted in six (6) incidents and raised the level of anxiety and concern among the warehouse team on health & safety issues. Future studies may look into additional strategies to implement a better warehouse risk management model or plan for a chemical warehouse. This study suggested that regular or continuous training should be provided to the staff. Basic first aid kit training is an example of the mandatory training that should be part of the job standard operating procedure. This paper contributes to the limited existing study on chemical warehouse operations. Experience and measures taken by SWIFT management may provide some ideas to improve the management of chemical warehouse for other warehouse operators. Although chemical warehouse operation safety is important, there is scarce academic research that explores this issue.

An Optimized Risk Management Model Based on Software Risk Factors Analysis

2018 ◽  
Vol 24 (4) ◽  
pp. 2306-2311
Author(s):  
Hashim Ali ◽  
Nousheen Akhtar ◽  
Muhammad Younus Javed
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Management Model ◽  
Model Based ◽  
Factors Analysis ◽  
Software Risk

scholarly journals Injury risk management in professional rugby players: Applications of GPS technology, functional movement screening and perceptual fatigue measures

2020 ◽  
Author(s):  
Jason Tee
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Risk Factor ◽  
Injury Risk ◽  
Rugby Union ◽  
Management Model ◽  
Training Volume ◽  
Match Play ◽  
Functional Movement ◽  
Movement Screening

Background: Rugby union is a team sport played in professional leagues worldwide. Injuries occur frequently in professional rugby union, at a rate of 81 injuries per 1000 playing hours (95% CI 63 - 105) (Williams et al., 2013). Thefrequency of injury within the professional game affects player wellbeing, as well as the overall performance of teams. As such it is necessary to develop strategies that will assist in minimizing the risk of injury to professional rugby union players.Methods: A previously established injury risk management model (Fuller, 2007c) was applied within a professional rugby union team environment to determine the effect of various risk factors on injuries. Specifically, the risk factors assessedwere the results of a pre-season functional movement screen (FMS), training volume and intensity and in-match player fatigue. Following risk factor assessment, global positioning system (GPS) monitoring was used to optimize training to match play.Results: It was determined that a low score (≤ 13) in the FMS test is a risk factor for injury. Furthermore, very high and low training volumes and high training intensities were also established as injury risk factors. GPS analysis establishedthe typical match play requirements of professional players. A comparison between these match play requirements and typical rugby union training activities determined that training was sub-optimal due to a lack of positional specificity. It was further determined that there are positional differences in theoccurrence of fatigue during matches, and that differing management approaches would be required.Conclusions: The injury risk management model identified a number of target areas for the reduction of injury risk among professional rugby union players. These include identifying “high-risk” players through pre-season movementscreening; monitoring training volume and intensity and player fatigue; improving the specificity of training for players in different positional groups and increased awareness of the injury risk associated with in-match player fatigue.

scholarly journals A Bibliometric Analysis of Sustainability and Risk Management

2021 ◽  
Vol 13 (6) ◽  
pp. 3277 ◽  
Author(s):  
Haitham Nobanee ◽  
Fatima Youssef Al Hamadi ◽  
Fatma Ali Abdulaziz ◽  
Lina Subhi Abukarsh ◽  
Aysha Falah Alqahtani ◽  
...  
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Bibliometric Analysis ◽  
Negative Impact ◽  
Risk Identification ◽  
Working Environment ◽  
Global Perspective ◽  
Related Literature ◽  
Sustainability Practices ◽  
The Individual

Sustainability practices in a working environment represent superior quality performances, while risks remain to be a challenge. Our study’s primary purpose is to deploy the bibliometric method to analyze the related literature. Bibliometric parameters analyzed using the VOSviewer software were employed to identify citations relevant to sustainability and risk contexts’ critical themes. From 1990–2020, a reflection of 1233 documents appeared in Scopus on sustainability practices and risk management. We searched the current papers, authors, institutes, and keywords on VOSviewer. The bibliometric search provided us an understanding, which reflected that the collected works on literature of sustainability and risk factors, in general, is suggestively increasing. Mainly, in our report, we highlighted six major streams, related to topics such as the moral responsibilities and sustainability development, blockchain technology and minimization of risks, social sustainability and supply chain, environmental impacts, safety engineering and risk identification, and optimization and sustainability practices. The primary purpose of using streams was to cite the key authors and their contributions to the related literature. This bibliometric analysis was developed to obtain further understanding regarding the importance of sustainability to the individual, firms, and the entire economy. Moreover, the factors associated with risk also sought to be examined to prevent or at least minimize its negative impact. It was identified in this paper that sustainability remains an issue in the global perspective that has been challenging the individual and/or the organization’s point of views. Risk factors were also identified as inevitable; hence, everyone must be socially responsible to minimize the negative impact on the economy.

scholarly journals Integrated risk management for defined benefit pensions: models and metrics

2014 ◽  
Vol 14 (2) ◽  
pp. 151-160 ◽  
Author(s):  
RAIMOND MAURER
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Pension Plan ◽  
Pension Plans ◽  
Management Model ◽  
Risk Exposure ◽  
Defined Benefit ◽  
Integrated Risk ◽  
The Impact ◽  
Integrated Risk Management

AbstractThe Pension Benefit Guaranty Corporation (PBGC) insures private sector defined benefit (DB) pension plans, when an employer becomes insolvent and is unable to pay the pension liabilities. In principle, the insurance premiums collected by PBGC should be sufficient to cover potential losses; this would ensure that PBGC could pay the insured benefits of terminated pension plan without additional external funding (e.g., from taxpayers). Therefore, the risk exposure of the PBGC from insuring DB pension plans arises from the probability of the employer insolvencies; and the terminating plans’ funding status (the excess of the value of the insured plan liabilities over the plan assets). Here we explore only the second component, namely the impact of plan underfunding for the operation of the PBGC. When a DB plan is fully funded, the PBGC's risk exposure for an ongoing plan is low even if the plan sponsor becomes insolvent. Thus the questions most pertinent to the PBGC are: what key risk factors can produce underfunding in a DB plan, and how can these risk factors be quantified? We discuss the key risk factors that produce DB pension underfunding, namely, investment risk and liability risk. These are interrelated and must be considered simultaneously in order to quantify the risk exposure of a DB pension plan. We propose that an integrated risk management model (an Integrated Asset/Liability Model) can help better understand DB pension plan funding risk. We also examine the Pension Insurance Modeling System developed by the PBGC in terms of its own use of some of the building blocks of an integrated risk management model.

The Effects of Decision Aid Orientation on Risk Factor Identification and Audit Test Planning

2002 ◽  
Vol 21 (2) ◽  
pp. 39-56 ◽  
Author(s):  
Jean C. Bedard ◽  
Lynford E. Graham
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Decision Aid ◽  
Decision Aids ◽  
Management Strategies ◽  
Risk Identification ◽  
Matched Pair ◽  
Audit Planning ◽  
Audit Firms ◽  
Risk Management Strategies

In auditing, risk management involves identifying client facts or issues that may affect engagement risk, and planning evidence-gathering strategies accordingly. The purpose of this paper is to examine whether auditors' identification of risk factors and planning of audit tests is affected by decision aid orientation, i.e., a “negative” focus wherein client risk and its consequences are emphasized, or a “positive” focus where such factors are not emphasized. Specifically, we expect that auditors will identify more risk factors using a negatively oriented risk identification decision aid, but only when engagement risk is relatively high. We address this issue in the context of auditors' knowledge of actual clients, manipulating decision aid orientation as negative or positive in a matched-pair design. Results show that auditors using the negative decision aid orientation identify more risk factors than do those using a positive orientation, for their higher-risk clients. We also find that decisions to apply substantive tests are more directly linked to specific risk factors identified than to direct risk assessments. Further, our results show that auditors with repeat engagement experience with the client identify more risk factors. The findings of this study imply that audit firms may improve their risk management strategies through simple changes in the design of decision aids used to support audit planning.

scholarly journals Evaluation of Physical Risk during Necropsy and Morgue Activities as Risk Management Strategy

2021 ◽  
Vol 18 (16) ◽  
pp. 8266
Author(s):  
Zoe Del Fante ◽  
Nicola Di Fazio ◽  
Adriano Papale ◽  
Paola Tomao ◽  
Fabio Del Duca ◽  
...  
Keyword(s):  
Risk Factors ◽  
Risk Management ◽  
Management Strategies ◽  
Risk Management Strategy ◽  
Work Related ◽  
Activity Measurements ◽  
Risk Management Strategies ◽  
Physical Risk ◽  
Critical Issues ◽  
Load Handling

Physical risk assessments allow us to understand work-related critical issues, thus representing a useful tool in risk management strategies. In particular, our study focuses on the identification of already known and emerging physical risks related to necropsy and morgue activities, as well as crime scene investigations. The aim of our study is, therefore, to identify objective elements in order to quantify exposure to such risk factors among healthcare professionals and working personnel. For the research of potentially at-risk activities, data from the Morgue of Policlinico Umberto I Hospital in Rome were used. The scientific literature has been reviewed in order to assess the risks associated with morgue activity. Measurements were performed on previously scheduled days, in collaboration with the activities of different research units. The identified areas of risk were: microclimate; exposure to noise and vibrations; postural and biomechanical aspects of necropsy activities. The obtained results make it possible to detect interindividual variability in exposure to many of the aforementioned risk factors. In particular, the assessment of microclimate did not show significant results. On the contrary, exposure to vibrations and biomechanical aspects of load handling have shown potential risk profiles. For this reason, both profiles have been identified as possible action targets for risk management strategies.

Grid Cyber-Physical System Risk Management Model Based on Cooperative Game Theory

2020 ◽  
Vol 21 (1) ◽  
Author(s):  
Cunbin Li ◽  
Ding Liu ◽  
Yi Wang ◽  
Chunyan Liang
Keyword(s):  
Game Theory ◽  
Risk Management ◽  
Cooperative Game ◽  
Physical System ◽  
Cooperative Game Theory ◽  
Power Grid ◽  
Management Model ◽  
Cyber Physical System ◽  
Model Based ◽  
Generation Power

AbstractAdvanced grid technology represented by smart grid and energy internet is the core feature of the next-generation power grid. The next-generation power grid will be a large-scale cyber-physical system (CPS), which will have a higher level of risk management due to its flexibility in sensing and control. This paper explains the methods and results of a study on grid CPS’s behavior after risk. Firstly, a behavior model based on hybrid automata is built to simulate grid CPS’s risk decisions. Then, a GCPS risk transfer model based on cooperative game theory is built. The model allows decisions to ignore complex network structures. On this basis, a modified applicant-proposing algorithm to achieve risk optimum is proposed. The risk management model proposed in this paper can provide references for power generation and transmission decision after risk as well as risk aversion, an empirical study in north China verifies its validity.

scholarly journals Doctors and Nurses: A Systematic Review of the Risk and Protective Factors in Workplace Violence and Burnout

2021 ◽  
Vol 18 (6) ◽  
pp. 3280
Author(s):  
Jose Miguel Giménez Lozano ◽  
Juan Pedro Martínez Ramón ◽  
Francisco Manuel Morales Rodríguez
Keyword(s):  
Risk Factors ◽  
Protective Factors ◽  
Workplace Violence ◽  
Physical Violence ◽  
Health Sector ◽  
Risk And Protective Factors ◽  
Working Environment ◽  
Academic Degree ◽  
Authoritarian Leadership

The present study aims analyze the risk factors that lead to high levels of burnout among nurses and physicians and the protective factors that prevent them. Thus, it is also intended to explore the possible correlation between physical and verbal violence produced at work and the symptoms derived from burnout. Methods: The search was carried out on the Scopus, PubMed and Web of Science databases between 2000 and 2019 (on which date the bibliographic search ends). Descriptive studies estimating the prevalence of workplace violence and risk and protective factors and burnout were included. An adapted version of the Downs and Black quality checklist was used for article selection. 89.6 percent of the studies analysed were in the health sector. There is a significant correlation between burnout symptoms and physical violence at work. On the one hand, the risk factors that moderate this correlation were of structural/organisational type (social support, quality of the working environment, authoritarian leadership, little autonomy or long working days, etc.) and personal type (age, gender, nationality or academic degree, etc.). On the other hand, protective factors were the quality of the working environment, mutual support networks or coping strategies. The results were analysed in-depth and intervention strategies were proposed.

scholarly journals Dynamics of Systems with a Discontinuous Hysteresis Operator and Interval Translation Maps

Axioms ◽  
2021 ◽  
Vol 10 (2) ◽  
pp. 80
Author(s):  
Sergey Kryzhevich ◽  
Viktor Avrutin ◽  
Nikita Begun ◽  
Dmitrii Rachinskii ◽  
Khosro Tajbakhsh
Keyword(s):  
Risk Management ◽  
Invariant Measure ◽  
Invariant Measures ◽  
Interval Exchange ◽  
Management Model ◽  
Closing Lemma ◽  
Symbolic Model ◽  
Metric Properties ◽  
Ergodic Measures ◽  
Maximal Invariant

We studied topological and metric properties of the so-called interval translation maps (ITMs). For these maps, we introduced the maximal invariant measure and demonstrated that an ITM, endowed with such a measure, is metrically conjugated to an interval exchange map (IEM). This allowed us to extend some properties of IEMs (e.g., an estimate of the number of ergodic measures and the minimality of the symbolic model) to ITMs. Further, we proved a version of the closing lemma and studied how the invariant measures depend on the parameters of the system. These results were illustrated by a simple example or a risk management model where interval translation maps appear naturally.

Labour productivity motivation framework for Iskandar Malaysia

2018 ◽  
Vol 8 (3) ◽  
pp. 293-304 ◽  
Author(s):  
Chukwuka Christian Ohueri ◽  
Wallace Imoudu Enegbuma ◽  
Ngie Hing Wong ◽  
Kuok King Kuok ◽  
Russell Kenley
Keyword(s):  
Financial Incentives ◽  
Construction Projects ◽  
Quantitative Research ◽  
Labour Productivity ◽  
Sampling Technique ◽  
Working Environment ◽  
Continuous Training ◽  
Content Type ◽  
Importance Index ◽  
Major Factors

Purpose The purpose of this paper is to develop a motivation framework that will enhance labour productivity for Iskandar Malaysia (IM) construction projects. The vision of IM development corridor is to become Southern Peninsular Malaysia’s most developed region by the year 2025. IM cannot realise this foresight without effective labour productivity. Previous studies have reported that the labour productivity of IM construction projects was six times lower than the labour productivity of Singapore construction projects, due to lack of motivation among IM labourers, and a shortage of local skilled labour. Therefore, there is a need to study how to motivate IM construction labourers, so as to increase their productivity. Design/methodology/approach A quantitative research method was used to collect data from IM construction skilled labourers and construction professionals, using two sets of questionnaire. The respondents were selected using a purposive sampling technique. In total, 40 skilled labourers and 50 construction professionals responded to the questionnaire survey, and the data were analysed using Statistical Package for Social Science software (version 22). Findings The analysis revealed the major factors that motivate labourers participating in IM construction projects. The factors were ranked hierarchically using Relative Importance Index (RII) and the outcome of the ranking indicated that effective management, viable construction practices, financial incentives, continuous training and development, and safe working environment were the most significant motivation strategies that positively influence IM construction labourers. Originality/value The study developed and validated a framework that can be used to boost the morale of IM construction labourers, so that their productivity can be increased. Implementation of the established motivation framework will also lead to career progression of IM construction labourers, based on the training elements in the framework. This career prospect will attract local skilled labourers to participate in IM construction projects.

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