Avetta Industry Watch – Week of September 5

Author: Pressroom

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Industry News

  • How Employer Cash Flow Impacts Workplace Safety – Insurance Journal: Have you ever wondered how employer cash flow impacts worker safety? Then check out a recent survey from the University of Texas at Dallas discussing the financial constraints that impact workplace safety and the implications for firm value and employee welfare here.
  • Using Drones To Improve Manufacturing And Supply Chain Capabilities – Forbes: According to ARC’s Rick Rys in a recent Forbes interview, “Drone technology has gained traction very quickly.” This even extends to improving manufacturing and supply chain capabilities. What are your thoughts on utilizing this leading technology?
  • Ensuring Your Supply Chain is Ready for Natural Disasters – Supply Chain Digital: What role can the supply chain play in helping manage the risks posed by natural disasters? According to this Supply Chain Digital article, The World Economic Forum has suggested that significant disruption to the supply chain is likely to impact a company’s share price by 7% on average.
  • How Manufacturers are Applying New Technology to Improve Operations – Spend Matters: According to a recent survey of more than 100 manufacturing operations professionals conducted by UPS and IDC, about a quarter of respondents that were thriving companies had reached the highest level (stage 5) of supply chain decision-making maturity. Meaning, these manufacturing companies were already applying real-time analysis to supply chain activities, giving the organization the ability to anticipate supply chain disruption and mitigate any risk. Overall, a positive development. More findings can be found here.

Supplier Violations and Fines

  • OSHA: Dollar General Ignores Safety Inspectors – EHS Today: After OSHA investigators discovered blocked exits and other hazards at merchandise retailer, Dollar General, the company was fined a total of $97,988 in safety violations.
  • OSHA Fines Alabama Meat Processing Plant $76K After Worker Loses Fingertip – Insurance Journal: A meat processing plant in Bakerhill, Ala., has been fined more than $70,000 following an investigation after a worker lost his fingertip on the job. The citations included unguarded platforms that pose a fall risk, unguarded saws and workers not wearing eye protection.

How is your organization handling it?

We're taking steps internally to ensure we can support you during this crisis by:

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Maintain a current Business Continuity Plan

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Promote a safe, clean and sanitized work environment

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Enable employees to work remotely

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Institute Office Distancing policies

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No visitors to the office

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Encourage employees to self-educate using online resources (WHO)

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Restrict travel—all non-essential travel is forbidden

To learn more, we encourage you to visit our COVID-19 Resource Library.

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