Risk Management Reducing Loss of Heavy Machine Presentation Peter Greenham IIGI FWR Group...

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    The Risk Management of

    Heavy vehicles, plant and equipment

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    Independent Inspections Pty Ltd

    P: 1300 857 149

    F: 1300 857 150M: 0402 259 479

    [email protected]

    The risk management of Heavy vehicles,plant and equipment is an issue of

    increasing importance in the constructionindustry with over 1,100 items of plant andequipment reported to police as stoleneach year. Less than 50 per cent arerecovered. The cost is estimated to be upto $50 Million Dollars a year across thecountry and over $1 Billion internationally.

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    FactorsFactors that facilitate plant and equipment theft include the:

    Vulnerability of construction and storage sites to attack during

    non-working hours; Absence of a formal recording system of identifying information

    for individual items to allow finance companies, insurers, traders orprivate buyers to establish an items authenticity prior to purchase;

    and It is a fact that most thieves are thought to have specialist industry

    knowledge which they apply in the theft, retention and sale ofstolen equipment and related fraud.

    Increasing the plant and equipment recovery rate and reducing therisk can be achieved in two ways, Whole Of Vehicle Marking

    (WOVM) and GPS tracking equipment.

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    Research indicates Micro Dots have had an impact on vehicleprofessional theft rates wherever they have been used, and are

    one of the most significant and effective anti-theft measures so fardeveloped. The dots, which are less than 1 mm across, are carried

    in an adhesive that fluoresces under UV light which identifies atreated area and reveals an Encoded registration number in the dot

    .

    Whole of Vehicle Markings (WOVM)t

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    GPS Tracking of FleetResearch shows GPS fleet management equipment have also had

    an impact with over $12 Million in plant and equipment recovery.Other applications of the GPS Fleet Management System areused to reduce costs and increase efficiency over a number of

    areas, such as monitoring vehicle performance , Trackmaintenance issues, managing driver fatigue, improving customerservice as well as ensure compliance with Workplace Health and

    Safety Issues.With the recent theft of a milk tanker in Melbourne with a full loadof milk, the GPS notified the owner of unusual activity of the primemover and within two hours the vehicle and its load was recovered

    to the relief of the owners.

    The increase in Skid steer loaders being stolen are an attractivetarget with no consistent nationwide identification system of theseitems. Protection of you plant and equipment will minimise the risk

    of loss of downtime in management of your fleet movements.

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    Independent Inspections /FWR Group Pty Ltd

    Independent Inspections Pty Ltd

    Mr. Peter Greenham

    Qualifications:

    - Diploma of Civil Engineering

    - Associate Diploma of LaboratoryOperations

    - Diploma of Quality Management

    - Diploma of Business

    - Lead Environmental Auditor

    - Diploma of workplace training and

    Assessment- NATA Asessor

    Your Auditors and Trainers

    P: 1300 857 149

    F: 1300 857 150

    Team

    Mr. Sydney LueM: 0423 234 245

    [email protected]

    Mr. Peter GreenhamM: 0402259479

    [email protected]

    mailto:[email protected]:[email protected]:[email protected]:[email protected]