Risk Analysis in Internal Transport: An Evaluation of Occupational Health and Safety Using the Fine-Kinney Method
Journal Title: Journal of Operational and Strategic Analytics - Year 2023, Vol 1, Issue 4
Abstract
The imperatives of occupational health and safety (OHS) are increasingly recognised as critical components of business operations, particularly within logistics where manual tasks such as item picking and transportation present notable hazards. This study employs the Fine-Kinney method to conduct a risk analysis of internal transport activities in logistics systems. Hazards associated with various internal transport mediums are systematically identified and categorised. An illustrative case study involves a logistics provider based in Serbia, scrutinising the risks prevalent within warehouse operations. Through application of the Fine-Kinney method, the analysis determines the predominant risk to be collisions involving pedestrians. In response, the study advocates targeted preventive and corrective strategies to diminish these risks. Theoretical and practical contributions arise from addressing these identified risks, offering valuable insights for logistics enterprises. The emphasis on preemptive safety measures underscores their significance in safeguarding worker welfare and enhancing the efficiency of logistics operations.
Authors and Affiliations
Vukašin Pajić, Milan Andrejić
Multiscale Partial Correlation Analysis of Tehran Stock Market Indices: Clustering and Inter-Index Relationships
This study delves into the intricate relationships among returns of diverse indices within the Tehran stock market, employing both Pearson and partial correlation coefficients as analytical tools. Utilizing monthly data...
Enhanced Performance Evaluation Through Neutrosophic Data Envelopment Analysis Leveraging Pentagonal Neutrosophic Numbers
Neutrosophic sets, expanded from the constructs of fuzzy and intuitionistic fuzzy sets, can accommodate degrees of truth, indeterminacy, and falsity for each element. This attribute equips them with an aptitude for a mor...
Hierarchical Efficiency in Banking: Decentralized Bi-Level Programming with Stackelberg Dynamics
The inherent hierarchical and decentralized nature of decision-making within banking systems presents significant challenges in evaluating operational efficiency. This study introduces a novel bi-level programming (BLP)...
Stock Portfolio Optimization Using Pythagorean Fuzzy Numbers
Linear programming problems (LPP) have been widely used to address real-world problems, including the stock portfolio problem. In this study, an approach is proposed that incorporates Pythagorean fuzzy numbers (PFN) in t...
Estimating Revenue Efficiency in Indian General Insurance Companies: A Semi-parametric Econometric Approach
In the realm of general insurance in India, an econometric investigation was conducted to estimate the revenue efficiency across a selection of 15 prominent, diversified general insurance entities for the fiscal years 20...