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POSTED BY in Asset Risk, Blog, Crisis Management, Cyber risk, Financial Risk, Food Safety, Legal Risk, Product Recall, Production Risk, Reputation, Risk Management, Strategic Risk, Supply Chain - TAGS , , , , , , , ,

Creating Value Through Managing Your Risk

70% of organisations only evaluate their risk profile on an annual basis, limiting their ability to tailor their risk management plan and business strategy to mirror the ever-changing commercial landscape – EY  The guiding standard for risk management, ISO 31000, defines risk as the effect of uncertainty on objectives.  Whilst this framework can be helpful, in establishing the context, and identification…

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POSTED BY in Blog, Cyber risk, It Depencency, Production Risk, Risk Management, Safety, Safety Management System, Uncategorized - TAGS , , , , , , , , , ,

Cyber-Security

Businesses on guard  With businesses increasingly connected online, do you understand your cyber-security risks?   Cyber-security is a growing concern for business owners in the Food and Beverage industry. It’s not a case of if you face a cyber threat in the future, but when.  Whilst every business will have different exposure points, a cyber threat shouldn’t be taken lightly due…

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POSTED BY in Cyber risk, News & Articles, Production Risk, Risk Management, Safety, Safety Management System, Supply Chain - TAGS , , , , , , , , ,

Understand Your Supply-Chain

How much do you understand your supply-chain? It sounds like a simple question, but it’s important to realise that a resilient supply chain can help you sidestep avoidable risks and grow your business. Only 22% of companies have a proactive supply chain network. (Logistics Bureau, 2020) Your supply chain is one of the most critical elements to running your business and disruption at…

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POSTED BY in Asset Risk, Blog, Legal Risk, News & Articles, Reputation, Risk Management, Safety, Safety Management System - TAGS , , , , , , , ,

Keeping safe, mentally and physically in the workplace

Keeping safe, mentally and physically in the workplace  Are you across the new SafeWork code of practice? Designed to help manage psychosocial hazards at work, it is based around a set of key guide lines surrounding mental health injuries and traumatic incidents at work.   The new code was created to ensure workers aren’t exposed to potential risks to their health and safety, simply for…

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POSTED BY in Blog, Crisis Management, Cyber risk, It Depencency, News & Articles, Risk Management, Safety, Safety Management System - TAGS , , , , , , ,

What is your vulnerability to cyber-attacks

Have you recently audited your cyber security risk? Should a targeted attack occur, how far reaching would the impacts of a cyber-attack ripple in your business?  The world’s largest meat processing company JBS, has recently been targeted by a cyber-attack, forcing it to temporarily shut operations in the US, Canada and it’s 47 sites in Australia. JBS paid a ransom of…

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POSTED BY in Product Recall - TAGS ,

How Prepared is the Australian Food Industry for Recall?

In 2017 Victual produced a survey on recall preparedness in the Australian Food Industry. We are currently working with AIFST (Australian Institute of Food Science and Technology) on an update on this survey and would appreciate a few minutes of your time to participate in this short survey. The survey is unanimous, however outcomes will be shared and this will…

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POSTED BY in IBA, News & Articles, Safety

Coming in 2021: New IBASafe Program

Since launching the program in 2018 at BrewCon, Victual along with the 17 breweries have successfully identified 333 corrective actions over the past 24 months. For one brewery, we were even able to negotiate a 50% reduction in their workers compensation insurance premiums.  Real Results One example of the tangible results the program has delivered is through the use of…

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POSTED BY in Asset Risk, Equipment, Human Resources, IBA, Legal Risk, Manual Handling, Production Risk, Risk Management, Safety

How Technology is Putting the ‘Pro’ in Proactive Manual Handling

Workplace injuries can happen any day of the year and with a 16% rise in legal proceedings resulting in convictions, it is crucial that businesses equip themselves with the necessary tools to minimise their risk, and the relevant armour to combat any road-bumps along the way. In our highly stressful and time-poor day-to-day, we tend to dive headfirst into tasks…

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POSTED BY in Blog, Human Resources, Injury Management, News & Articles - TAGS , ,

One in Five: Mental Wellness in the Workplace

From 20 second hand-washing guidelines to dreaded slips, trips, and falls: when we think of safety, mental health is unlikely to be among our first concerns—however, when one in five workers are affected, why are we not being proactive about Mental Health? “It’s important that we’re proactive instead of reactive and work in a way that we can create systems…

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