• Title/Summary/Keyword: Financial Safety

Search Result 450, Processing Time 0.026 seconds

The research on the situation and problem of domestic pest control company (국내방역회사 현황 및 문제점조사)

  • 손종렬;유성덕;김영환;이용성
    • Journal of environmental and Sanitary engineering
    • /
    • v.17 no.4
    • /
    • pp.39-46
    • /
    • 2002
  • The purpose of this research was to get an alternative idea about the situation and problems of domestic pest control company We performed a questionnaire survey of 105 companies to find the situation and problems of pest control companies with and with out lincensed sanitarians. The investigation revealed the following issues and the conclusions summarized. 1. Companies with lincensed sanitarians have shown to put forth hygenic safety(62%) as first priority as to companies without sanitarians neglect hygenic safety and rank financial benefit(40%) as their priority. 2. Companies with lincensed sanitarians have directions on its use of pesticides but the companies without inspectors rely only on field experiences. 3. Companies with lincensed sanitarians are known to use the safety equipment. To the contrary, companies without sanitarians worked without the proper safety equipment safety gear. 4. Companies with sanitarians been regularly received educational Programs on chemicals used in the pest control. And then companies without did not have my other educational programs for chemicals they used.

Product Liability and a Product Safety Policy (제조물 책임과 제품 안전정책)

  • Byun, Seong-Nam;Lee, Dong-Hoon
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.26 no.3
    • /
    • pp.265-282
    • /
    • 2000
  • Despite manufacturers' effort to provide safe and reliable products, a number of product-related accidents occur all over the world resulting in much damage to property, personal injury and even loss of life. Considerable evidence indicates that some accidents arise from user negligence, but most are due to the design, manufacture, and distribution of unreasonably dangerous products when compared to their use. As a result, a tremendous number of product liability lawsuits have been filed, many times causing huge amount of financial damages to manufacturers. Furthermore, with increasing government regulation and growing power of consumer lobbies, manufacturers might be more exposed to product liability claims in the future than now. The objectives of this study are twofold: to provide a framework of future research on product liability and safety and to introduce a product safety policy. To accomplish these objectives, previous studies on product liability and safety were reviewed thoroughly. The product safety policy consists of two parts: (1) an engineering design strategy for reducing product-related risks and (2) a management program for a product liability loss prevention plan. The policy is essential to preventing manufacturers' liability exposure as well as designing a safer product.

  • PDF

Risk Assessment Method for Guaranteeing Safety in the Train Control System (열차제어시스템 안전성 확보를 위한 리스크 평가 방법 분석)

  • Jo, Hyun-Jeong;Hwang, Jong-Gyu;Yoon, Yong-Ki
    • Proceedings of the KSR Conference
    • /
    • 2006.11b
    • /
    • pp.870-877
    • /
    • 2006
  • Recently, failures of equipments are linked directly to extensive damages of human lives or financial losses from the increasing uses of train control equipments utilizing computers. Then safety activities have to progress for guaranteeing safety during the system life-cycle. In this paper, we examine the methods for risk analysis and assessment of safety activities and propose optimized one method for risk assessment. There are original risk assessment methods; risk graph and risk matrix method under the qualitative analysis, IRF(Individual Risk Formula) calculations and statistical calculations method under the quantitative analysis. Best-Practice(BP) risk analysis method is proposed for combining advantages of the qualitative and the quantitative analysis. In the comparison of risk graph and risk matrix method for safety estimation, BP method has no applications published up to now, but we can expect that this method will be utilized widely for the risk assessment due to various strong points.

  • PDF

Construction Company TQM Impact on the Activities Performance (건설회사 TQM 활동이 성과에 미치는 영향)

  • Kim, Ja-Yeon;Kang, In-Won
    • Journal of the Korea Safety Management & Science
    • /
    • v.17 no.3
    • /
    • pp.319-330
    • /
    • 2015
  • This study examines the factors configuration management quality of the construction company, and to analyze the impact of these factors on Project Performance and Company Performance. That quality construction management configuration factors, chief executives, corporate strategy, organizational management, information technology, and partners five variables, Project Performance variables, process management, quality management, cost management, safety management, environmental management five variables, and Company Performance parameters of financial competence and organizational satisfaction, quality of work three variables, the overall causal relationship between the presence of specific activities and management quality, classified according to the size of the company were verified by the difference in impact between the two groups.

Development of Risk Assessment Indicators for Industrial Logistics Safety Management (산업 물류 프로세스의 리스크 평가지표 개발)

  • Cho, Jae-Hwan
    • Journal of the Korea Safety Management & Science
    • /
    • v.22 no.4
    • /
    • pp.1-8
    • /
    • 2020
  • In general, companies operate systematically in response to financial risks such as exchange rates and liquidity, while they are vulnerable to risks in the manufacturing and sales processes. In particular, logistics refers to the activities for planning, managing and implementing efficient flows from the starting point of goods and products to the point of consumption, The purpose of this study was to develop key risks and key risk management indicators (KRIs) for risks that undermine logistics efficiency so that logistics risks can be effectively prevented and managed. As a result, 40 risk management indicators (KRIs) were developed in a total of six categories in the logistics sector, and the definition, calculation method and early warning grade of each KRI were presented so that companies could prevent risks in advance in logistics activities and contribute to enhancing efficiency of their work.

A Factor Analysis of Traffic Accidents Through Traffic Safety Diagnosis Results - Driver Factor - (교통안전진단 결과분석을 통한 교통사고 요인분석 - 사고자 요인을 중심으로 -)

  • Lee, Hwan-Seung;Ahn, Byung-Jun
    • Journal of the Korean Society of Safety
    • /
    • v.21 no.2 s.74
    • /
    • pp.128-137
    • /
    • 2006
  • Traffic accidents occur due to complex influences of transportation companies, drivers, and road environment. This study found that education and surroundings for transportation companies, driving habits of drivers, and road safety facilities and accessory facilities were main factors that affected strongly traffic accidents. Also, it found that driving habits of drivers could affect accidents heavily more than two other factors. Road safety and accessory facilities were analysed that they affected traffic accidents independently with transportation companies and their own drivers. Therefore, in order to achieve a traffic accident prevention as our main target, those companies need to produce atmosphere that their own drivers can have safety awareness, and related institutions for the above target should run parallel with policy assistance and strict traffic enforcement. In the end, this study suggests that transportation companies should secure manpower wholly being charged with traffic safety and financial resources investing in it.

A Research on Enhancing Aviation Safety Culture by Building the Level of Safety Awareness (안전의식 수준 확보를 통한 항공 안전문화 증진 방안 연구)

  • Jehwan Song;Je-Hyung Jeon;Geun-Hwa Jeong
    • Journal of the Korean Society for Aviation and Aeronautics
    • /
    • v.31 no.3
    • /
    • pp.10-16
    • /
    • 2023
  • Demand for air travel, which shrank sharply following the outbreak of the COVID-19, has recently recovered up to 80% before the spreading pandemic. As a result, the number of passengers are rapidly increasing again. However, financial difficulties and lack of skilled workers in the aftermath of a long-term recession and pandemic lead to a decrease in aviation safety awareness which is fundamental for safety culture. Consequently, this hazard can act as a potential risk factor for the global aviation industry preparing for a new leap forward in the post-pandemic era. Therefore, this study analyzed and defined the four key elements of aviation safety awareness; attitude, belief, perception, and value. Based on this analysis, this study combined the four key elements into the P-D-C-A cycle to derive what top management, middle managers, and workers should each do to continuously improve the positive safety culture.

A Study on the Improvement of the Safety Insurance for the Laboratory at the Korean Worker's Compensation Insurance - Focusing on Disability Benefit Pension Type Payment - (산재보험 수준의 연구실안전보험 보장성강화 방안 - 장해보험금 연금형태 지급을 중심으로 -)

  • Song, H.S.;Yee, N.H.;Choi, J.G.;Chun, S.H.;Kim, Jai Jung;Lee, B.H.
    • Journal of the Korean Society of Safety
    • /
    • v.34 no.1
    • /
    • pp.115-121
    • /
    • 2019
  • Background: Due to the diversification and advancement of research, researchers have become to deal with a variety of chemical and biological harmful materials in the laboratories of universities and research institutes and the risk has increased as well. Therefore, it is necessary to strengthen the social safety net for laboratory accidents by strengthening the compensation to the level comparable to that of Korean Workers' Compensation & Welfare Service, when the researchers become physically disabled by laboratory accidents. The purpose of this study is to secure researchers' health rights and to create a research environment where researchers can work with confidence by strengthening the compensation to the level comparable to that of Korean Workers' Compensation & Welfare Service. Method: We analyzed the laboratory accidents by year, injury type, severity of accident and disability grade with the 6 year data from 2011 to 2016, provided by Laboratory Safety Insurance. Based on the analysis result, we predicted the financial impact on Laboratory Safety Insurance if we introduce a compensation annuity by disability grade which is similar to Injury-Disease Compensation Annuity of Korean Workers' Compensation & Welfare Service. Result :As of 2011, the insured number of Laboratory Safety Insurance was approximately 700,000. The Average premium per insured was KRW 3,339 and there were 158 claims. Total claim amount was KRW 130 million, whereas the premium was about KRW 2.3 billion. The loss ratio was very low at 5.75%. If we introduce a compensation annuity by disability grade similar to Injury-Disease Compensation Annuity of Korean Workers' Compensation & Welfare Service, the expected benefit amount for 1 case of disability grade 1 would be KRW 1.6 billion, assuming 2% of interest rate. Given current premium, the loss ratio, the ratio of premium income to claim payment, is expected 41.4% in 2017 and 151.6% in 2026. The increased loss ratio due to the introduce of the compensation annuity by disability grade is estimated to be 11.0% in 2017 and 40.4% in 2026. Conclusion: Currently, laboratories can purchase insurance companies' laboratory safety insurance that meets the standards prescribed by Act on the Establishment of Safe Laboratory Environment. However, if a compensation annuity is introduced, it would be difficult for insurance companies to operate the laboratory safety insurance due to financial losses from a large-scale accident. Therefore, it is desirable that one or designated entities operate laboratory safety insurance. We think that it is more desirable for laboratory safety insurance to be operated by a public entity rather than private entities.

A Study on the Intensive Safety Management Items of Small-Sized Construction Sites (소규모 건축공사 중점안전관리항목에 관한 연구)

  • Go, Seong-Seok;Song, Do-Heom;Jang, Yun-Ra
    • Journal of the Korean Society of Safety
    • /
    • v.28 no.5
    • /
    • pp.27-34
    • /
    • 2013
  • Almost accidents in construction sites are occurred by unsafe work conditions and failure making safe environment. As recent construction projects become more complex, various and diversified, So the potential of construction-related accidents is increased as well. Comparing the frequency of construction-related accidents in large-sized construction sites, small-sized construction sites are more vulnerable because of lack of workforce and less effective technology system. Furthermore, the absence of safety committee, poor financial condition leads to lack of safety education, installation of safety facilities, and provision of individual protective equipment, which indicates difficulties handling even basic safety management. Therefore, in order to lower the hazard rate at small-Sized construction sites, it is necessary to proceed with more structural and thorough actions for preventing accidents. In other words, it is necessary to analyze the causes of the accidents at small-sized construction sites, set criteria for safety management, and suggest safety management items according to work classification by evaluating the relative importance of the items.

Development and Implementation of Extension Models for Activity-Based Costing (ABC 확장모형의 개발 및 적용)

  • Choi, Sungwoon
    • Journal of the Korea Safety Management & Science
    • /
    • v.16 no.1
    • /
    • pp.239-250
    • /
    • 2014
  • The purpose of this research is to implement and develop the Economic Cost Driver Size(ECDS) extended model to determine the optimal cash driver size with measurement complexity cost and allocation fail cost. ECDS model can be used to seek both measurement accuracy and time efficiency of the Activity-Base Costing (ABC). The study also develops Activity Priority Number (APN) to evaluate the importance of nonvalue-added activities improvement and to determine the representative cost driver of value-added activities when applying ECDS model. APN consists of Severity Priority Number (SPN), Undetectablitiy Priority Number (UPN) and Occurrence Priority Number (OPN). APN can be obtained from lower-stream activity, current activity, upper-stream activity in terms of hierarchical dependency of SIPOC (Supplier, Input, Process, Output, and Customer). In order to seek both efficiency of invested capital and reduction of overhead cost, the paper proposes the integrated ABC and Economic Value Added (EVA) model using redesigned ABC-based statement of comprehensive income and EVA-based statement of financial position. For a better understanding of the proposed ABC-EVA integrated model, numerical examples are demonstrated in this paper. Cost drivers of ABC and capital drivers of EVA in the proposed model can be used to reduce activity overhead cost from ABC-based statement of comprehensive income and to lessen activity capital charge from EVA-based statement of financial position.