Mitigate Risk with these 10 Simple Loss Control Tips

Author: Jared Smith, Co-Founder

Mitigate Risk with these 10 Simple Loss Control Tips

Let’s face it - workplace safety is a crucial component to the success of any business and it requires proper planning and education to mitigate risk. 

Consider these top 10 loss control tips for mitigating risk in the supply chain: 

#1: Hazard Identification and Mitigation
In any business, it’s important for everyone to be on the same page. By identifying and listing potential hazards found in your work environment, you can have a clearer understanding of what you’re up against and can ultimately better educate workers on the potential dangers. 


 #2: Job Hazard Analysis
Once you’ve identified your potential risks, create a standardized checklist to make sure everyone is using and referencing the same system. Remember, your main goal is to have complete hazard identification and mitigation in place to prevent incidents in the first place. 

#3: Deploy Hand/Finger Safety Programs
These parts of the body are most likely to be injured in the workplace. Be sure to have the proper safety programs and campaigns in motion, like glove improvements, in order to increase hand and finger safety. 


#4: Eye Injury Safety Programs
Next in the running for “the most injured body part” is the eye. You can prevent a lot of eye injuries by conducting a hazard assessment – look at your jobsite and spot the heat, chemicals, dust/airborne particles, radiation and impact areas that may be present. From there, you can determine the appropriate eye protection. 

#5: Slips, Trips & Falls
Believe it or not, slips, trips and falls are so prevalent in the work environment that you don’t even have to be in the industrial, chemical or process-driven workplace to see these types of incidents. But with the proper preparation, you can dramatically reduce pain and suffering, incidence ratings and time spent away from work. 


#6: Hazard Awareness, Specific to Plants/Facilities
When it comes to a specific plant or facility, conditions are subject to change and so should your safety program. Following the elements of OSHA’s Process Safety Management standards will give you the roadmap necessary to combine your best practices, such as plant/site orientations and process hazard overviews with regulatory compliance. 

#7: Emergency Action Plans
You know what can be life saving? Having an Emergency Action Plan – one that specifies the roles each person will play in case an emergency occurs. The best defense in an emergency situation is to have a site orientation and unit process maps readily available – make sure to clearly mark all evacuation routes and emergency equipment locations. 

#8: Leveraging Leading Indicators
Building on the elements found in a safety management system can help you verify that the company is following standard operating procedures. Additionally, it’s wise to continually review worker certifications, perform knowledge tests and hold regularly scheduled trainings to ensure that employees stay competent and capable. 


#9: Effective Communication and Sharing with Contract Workforce
Sharing the safety culture with your contract workforce goes a long way. Unlike employees, suppliers and contractors are not present at work every day and are therefore not always in-the-know. It’s important that you make your safety requirements readily available, distribute them frequently and prequalify contractors to guarantee that they meet or exceed company requirements. 


#10: Effective Contractor Screening 
OSHA recommends that you have a comprehensive safety and health management system that is tailored to your worksite’s specific needs. To do this, give your suppliers the tools they need to succeed. Team up with industry experts to help raise awareness and performance. The goal should be to prequalify your supply chain, not to disqualify them. 

Ultimately, reducing risk and mitigating loss is a team effort. Loss control responsibility lies with everyone in the organization – it affects every employee, contractor and supplier. Begin your program by implementing these essential tips and you will see a dramatic improvement in overall safety. 

How is your organization handling it?

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

business continuity plan illustration

Maintain a current Business Continuity Plan

sanitized work environment illustration

Promote a safe, clean and sanitized work environment

Work from home illustration

Enable employees to work remotely

Office Distancing illustration

Institute Office Distancing policies

travel restriction illustration

No visitors to the office

travel restriction illustration

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

travel restriction illustration

Restrict travel—all non-essential travel is forbidden

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

Visit Resource Center