13 Oct 2018
It is well understood that on-site safety advisors currently
have more tasks than time. Tasks slipping off the table have a cost impact.
A
Locstatt client recently performed a return on investment or ROI calculation
for the Locstatt process simply based on the cost of personnel resource
savings. The results were overwhelming.
Return on investment over 600%
Payback period within the first Year
To do their job effectively on-site safety advisors need to
perform approximately 86 tasks or key job indictors (KJI’s).
It was identified by experienced operational and safety team
that typically 9 of these tasks were carried out efficiently and 56
inefficiently due to time restrictions or lack of personnel resources.
Out of the 86 tasks Locstatt was able to assist in 82 which
resulted in a time saving of approximately 450 hours per month or over $100K
per year.
Now in reality, our clients have realized that in addition
to personnel savings, Locstatt assists a company due to the fact that:
1. It
provides a pathway for contractors to follow when managing their health and
safety programs
2. It
provides information at the work site or coal face.
3. It
allows the management of contractors to monitor performance of their personnel
at the work site
4. It
provides a two way flow of information between managers and employees
5. Real
time data enables managers to make informed decisions on how to manage health
and safety
6. Demonstrating
Safety Management System (SMS) compliance to clients is simple and transparent which leads to a
competitive advantage
7. A
well-managed SMS improves both safety and quality and allows a company to
outperform its competitors
Certainly something to think about!
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