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ProSight Launches SecureFleet Risk Management Solultion

2014-06-22 23:03:45| AutomotiveDigest.com - Automotive Industry News

ProSight Specialty Insurance, a leader in providing responsive insurance solutions for the transportation industry and SmartDrive Systems, a leader in driving performance solutions that reduce collisions and improve fuel efficiency, announced SecureFleet, a complimentary* risk management solution developed exclusively for ProSight niche transportation customers. Debuting as the insurance industrys only fully integrated video event recorder and risk reduction service offered complimentary with ProSight coverage, SecureFleet combines a patented vehicle data and video event recording system with a comprehensive driver coaching program to help fleet owners and safety managers reduce risks, reduce costs and better manage fleets. READ MORE The Article ProSight Launches SecureFleet Risk Management Solultion appeared first on Automotive Digest.

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Risk and Crisis Management to Mitigate Refinery Power Outages

2014-06-02 22:00:00| Electrical Construction & Maintenance

By Patrick J. Christensen, William H. Graf, William F. Vukovich, and Thomas W. Yeung of Hydrocarbon Publishing Co. Power supply disruptions and electrical equipment failures represented more than 80% of electrical problems in refineries between 2009 and 2013, according to the U.S. Department of Energy. And the electrical problems themselves accounted for one-fifth of all refinery disruptions during this time period. read more

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PEDV-Sensitive Market Requires Sound Risk Management Strategy

2014-05-27 23:05:00| National Hog Farmer

By Mark Greenwood, AgStar Financial Services, Mankato, MN When it comes to market dynamics, 2014 has been a very interesting year for the swine industry. We have seen record- high cash hog prices while at the same time, producers have been dealing with porcine epidemic diarrhea virus (PEDV). Practicing sound risk management has been key as the industry navigates through an environment with historic margin calls as well. Its also worth noting that swine producers are receiving over $225 for their hogs, but some are still unhappy because production is not as good as it has been in the past, causing them to lock up margins too early and requiring them to pay margin calls. We have also seen our operating lines drop from a peak volume of over $1 billion to $600 million, which is a drop of 40% in less than 60 days. These are interesting times. read more

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Freudenberg-NOK Shares Risk Management Approach to Critical Materials at IndustryWeek Best ...

2014-04-30 06:00:00| Industrial Newsroom - All News for Today

PLYMOUTH, Mich. — Companies struggling to balance the disparate goals of minimizing inventory costs while protecting customers from raw materials shortages can learn about an industry-best purchasing approach from Freudenberg-NOK Sealing Technologies at the 2014 IndustryWeek Best Plants Conference taking place May 5 to 7 in Milwaukee. Freudenberg-NOK will share its approach to managing supply chain uncertainty and generating savings through inventory optimization.<br /> <br /> Robert ...This story is related to the following:Supply Chain Management Services |

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