- Lower exposure to risks
- Reduce losses
- Improve quality
- Raise productivity
- Facilitate enterprise-wide standard risk mitigation policies
- Provide comprehensive operation risk analysis
Ways that Transportation Companies use IMPACT ERM
Regulatory Compliance
IMPACT ERM helps Transportation companies in their compliance
initiatives. It helps to facilitate inspections, audits, findings and
analysis by delivering to management a high level of crucial and actionable
information, improving responsiveness and measuring the effectiveness.
Operations Management Systems
IMPACT helps Transportation companies facilitate the management of system
elements, compliance, continuous improvement, communication, analysis
and reporting around a variety of management systems and excels in enabling
the execution of these programs.
Types of Transportation Companies that use IMPACT ERM
PIPELINE TRANSPORTATION INDUSTRY
The Bureau of Transportation Statistics states that there are approximately “180,000 miles of oil pipeline in the United States carrying over 75% of the nation’s crude oil and around 60% of its refined petroleum products.” Taken as a whole, releases from pipelines cause relatively few annual fatalities; however, repairs are extremely expensive requiring shutdown of pipelines under pressure and are typically caused from outside forces such as corrosion, mechanical failure, and control system failure and operator error. According to the Department of Transportation (DOT) over 46% of the reported failures were due to outside forces.
How can IMPACT ERM® Help Pipeline Transportation?
IMPACT ERM provides a framework to capture and manage incidents and analyze trends to help keep losses from occurring. IMPACT ERM can capture and facilitate:
- Pipeline inspections and assessments
- Prioritize action items and communicate across the enterprise
- Safety regulation compliance and reporting
- Behavioral-based training
- Management programs, such as Oil spill response plans, damage prevention programs, etc.
- Provide comprehensive operation risk analysis
FLEET TRANSPORTATION
Real-time asset management is critical for fleet management. Safety is a major concern where the operation of trucks, lifts and other technically advanced equipment can be dangerous without proper training and supervision. And, there is never a shortage of regulations and it is always changing. Capturing and managing incident and compliance information cross interstate and intrastate lines for mobile assets is a complex task.
How can IMPACT ERM® Help Fleet Transportation?
IMPACT ERM® provides the framework to capture and manage systems across a global enterprise even in remote locations. The software engages collaboration between leadership and workforce in prioritizing and communicating risk mitigation. Employees can analyze trends to help identify and mitigate losses before they happen.
AIR TRANSPORTATION
The U.S. commercial aviation industry identified several key areas for safety improvement. One is the need to better prioritize inspection workload to activities with a greater safety risk. Another is to improve communication between leadership and field inspectors on the resolution of risks identified.
Even though the U.S. aviation industry has an extraordinary safety record, the consequences of a serious incident can be tragic. Critical to aviation safety is a well established, efficient and effective system to provide identification and mitigation of risks that could lead to an incident.
How can IMPACT ERM® Help Air Transportation?
IMPACT can facilitate the inspection process enabling the execution of these management systems. The software engages collaboration between leadership and workforce in prioritizing and communicating risk mitigation. Employees can analyze trends to help identify and mitigate losses before they happen.
RAILROAD AND TRAIN TRANSPORTATION
American economy depends on efficient, safe, environmentally-sound and affordable freight rail. "Freight rail moves more freight than any other mode of transportation" according to the Associations of American Railroads (AAR) delivering essential commodities to the economy.
Risk of Hazardous Material Transportation
Railroads transport approximately 1.7 million carloads of hazardous material each year and is one the safest methods of shipping of these materials. To minimize the risk of a release of hazardous materials, the AAR recommends:
- Rigorous tank car quality assurance programs;
- Field testing;
- Inspection of chemical loading facilities;
- Emergency response training assistance;
- HAZMAT training;
- Stringent U.S. Department of Transportation specifications for tank cars used to transport hazmat.
IMPACT ERM® software solutions can help reduce these risks and enable personnel in the field and back offices to execute risk management programs that help identify potential issues and risk before there is an incident. IMPACT functionality can facilitate key safety initiatives including:
- Hazardous Material Transportation – IMPACT can assist with inspections, audits, quality assurance, environmental tracking and more.
- Positive Train Control – IMPACT can better enable track maintenance with automatic notifications sent out to responsible parties and action items to closure to help ensure the safety and protection of employees.
- Advanced Technology Safety Initiative – IMPACT can enhance ATSI technology by communicating risks to pertinent personnel of safety problems or potential problems, including action items and closure until the risk has been mitigated.
- Grade Crossing Safety – IMPACT Mobile provides employees and contractors with handheld compatibility to report degrading or malfunctioning crossing signals that can be uploaded via the Internet and transmitted to responsible parties.
Business Value Transportation Companies
Measure, manage, and mitigate risk.
IMPACT ERM delivers capabilities for operations planning, incident, assessment, quality and environmental management, regulatory compliance assessment, and other risk management. Integrated communication and workflow processes non-intrusively engage leadership and workforce in reactive as well as proactive risk identification and execution of action items to help strengthen risk reduction systems. Transportation companies of any size can rapidly and affordably deploy a standardized set of business processes based on industry best practices.
As these processes propagate safer, more efficient practices throughout the enterprise, quality and productivity increase. These factors are generally where the highest profit margins are found.
Understand patterns of operations and performance.
IMPACT Exec Analytical & Reporting Tool provides sophisticated analysis, reporting and scenario development tools. They help Transportation companies analyze past experience to more accurately predict future requirements or gaps within their performance management system. Gaps and requirements become clear – such as regulatory non-compliance or potential for loss. Your system then engages all employees in prioritization of remediation and execution of action items.
Summary
For transportation companies, the risk could hardly be higher: Massive operations, volatile substances, heavy machinery and of course, the human element.
Today, these companies must also conduct and manage daily operations across far-flung enterprises. They must deal with globalization, regulatory compliance, heightened environmental pressures, mergers and acquisitions, and ever-changing business and market conditions. All of this combines to make operational risk management increasingly difficult.
These are precisely the reasons why transportation companies around the world that are among the most dedicated to reducing risk and improving safety have chosen to deploy the Syntex IMPACT ERMŽ solution for enterprise risk management.
Contact a Syntex transportation specialist
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