Industry Risk Assessment Enables a Mining Industry Client to Identify Potential Risks in the Brazilian Market
At present, industries across the globe are not only concerned about meeting the production requirements but also maintaining robust safety standards for all. In the manufacturing space, it becomes essential for the companies to identify the hazards to curtail these risks to a certain tolerable level. In the mining industry, the nature and the complexity of […]
At present, industries across the globe are not only concerned about meeting the production requirements but also maintaining robust safety standards for all. In the manufacturing space, it becomes essential for the companies to identify the hazards to curtail these risks to a certain tolerable level. In the mining industry, the nature and the complexity of the procedures involve the need for frequent risk analysis to assess undesirable events and its harmful effects on the workers. As the present business scenario is shifting toward a more employee-centric environment, governments across the globe are emphasizing the need for a robust risk assessment solutions. Risk assessment involves the use of techniques and strategies to assess the intensity of hazardous events to address the most dangerous situations. Moreover, due to the presence of unsafe conditions and practices in a considerable number of mines, risk analysis becomes an indispensable factor to address concerns of safety associated with the mining activity.
To effectively define and estimate the level of risk, renowned organizations in the mining industry are approaching companies like Infiniti. With years of expertise in offering risk assessment solutions, Infiniti’s solutions help businesses address potential threats relating to the safety and security of the workers. Moreover, with the increasing complexity of mining machinery, Infiniti’s industry risk assessment solution also helps firms accurately understand the potential threats and take effective precautions to curtail challenges.
The Business Challenge
A renowned client in the mining industry was facing certain predicaments identifying the potential risks in the Brazilian market. The client wanted to accurately forecast the risks that may occur and initiate basic health and safety principles to improve the safety of workers. Also, the client wanted to assess the Brazilian market in terms of the occurrence of risks and ensure better safety of the employees. The primary objective of the risk assessment solution was to build a knowledgeable, well trained, and completely supervised workforce.
With an aim to improve the efficiency of the workforce and identify potential challenges, Infiniti’s industry risk assessment experts carried out an extensive research comprising qualitative and quantitative research techniques. Furthermore, to evenly allocate resources, the research team also compiled information from a wide array of proprietary sources including paid industry databases, company presentations, and industry forums.
Benefits of the Industry Risk Assessment Solution:
- Assessed the likelihood of hazards and potential consequences of the challenges
- Identified the control measures to be initiated and provided extra training to use the machinery
- Gained a complete understanding of all aspects of the job being undertaken
- Coordinated better with the employees and offered better insights into the workspace
- Gained a holistic view of the prevailing technologies and promoted the use of innovations in the mining industry
Benefits of Our Integrated Approach
The risk assessment solution offered by Infiniti helped the client understand the suitable safety measures to be maintained during the working hours. The engagement also helped the leading client in the mining industry meet the minimum standards of employee health and safety. Moreover, the mining industry client was further able to gain real-time insights on the remedial measures to be implemented at the time of risk.
A must-read case study for strategy experts and decision makers looking to establish themselves in the mining industry.
Want to know how our risk assessment solutions can help companies in the IT industry? Read the success story here: