You are a Risk Manager for Swift Transport company who is a shipping company managing warehouses and
Question:
You are a Risk Manager for Swift Transport company who is a shipping company managing warehouses and delivery for 15 locations. The fleet comprises of a total 76 vans, box trucks and tractor trailers combined. The company employs 240 employees including management, warehouse operators, sales and drivers. There is a DOT requirement for shipping some of the products from the warehouse. Your risk locations are present in the following states; CT, MA, VT, NY, NJ, NH, ME. You have inherited a toxic environment that does not hold safety and loss control with high regards. Shipping deadlines and delivery times are a primary component. There is a trend of high incident and severity rates among employees in both the warehouse and driving. There are also reports of substance abuse, motor vehicle accidents, lawsuits, poor package handling, extended employee time-off for injuries, and high insurance premiums.
Outline the loss control efforts and risk management initiatives that should be implemented to mitigate the issues and transfer the risks. Prioritize your list with justification. Include a minimum of 5 elements for improvement to earn potential full credit. keep in mind the business of safety pillars when prioritizing to make the biggest impact.
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young