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Risk Management and Logistic Improvement of Oil Handling in Gear Manufacturing

Written by G. Elassar

Paper category

Master Thesis


Business Administration>Management




Thesis: Risk assessment Risk assessment is “the systematic process of describing and quantifying the risks associated with hazardous substances, processes, behaviors or events” ( 1993, p. 3). Risk assessment assesses the possibility of hazards and their possible adverse consequences for health or the environment. In risk assessment, even the possibility and uncertainty of the occurrence, extent or timing of these consequences are quite large ( 1993). According to Cucchiella & Gastali (2006), internal and external risks depend on various internal and external factors. Organization or external supply chain. According to legislation 1999:381, internal and external hazards that may affect the safety of facilities should be identified and treated as events that may lead to risk reduction. See section 3.4.2 on the legal requirements for risk control in the organization. A risk assessment should also be carried out to avoid eventual damage to the facility and avoid additional costs. It is necessary to systematically understand the risks in the facility and then assess how to control these risks. Risk assessment requires a process to identify, evaluate and mitigate these risks. More specifically, it is necessary to define threats and hazards by reviewing the hazard assessment in detail, in order to control risk vulnerabilities, and then implement risk reduction measures (Braithwaite 2003). Jüttner et al. (2003) defines four key aspects of risk assessment, namely, assessing risk sources, identifying risk drivers, tracking risk drivers in the strategy, and then reducing risks. Risk analysis requires time, money and energy. It takes hard work during the initial brainstorming and continuous updating, but a good risk analysis can save time and money, because the impact of internal hazards has been minimized or avoided. In order to analyze risk, it is important to consider the combination of hazard sources and events to improve the consequences, and even the combination of probability and consequences (Braithwaite 2003; Jüttner et al 2003). Risk analysis can be qualitative or quantitative. Qualitative risk analysis evaluates the risks in the organization to assess different risks. This estimation must be based on intuition, knowledge and experience. In addition, qualitative analysis classifies risks according to the severity of the hazard and its sensitivity level, while quantitative risk analysis is the process of numbering protection costs and damage costs. This means that quantitative risk analysis is an exploration of the cost of loss and the probability of occurrence of sometimes unreliable events. It is important to conduct a quantitative risk analysis in order to use the output of the risk analysis to achieve a rational judgment of the severity. 4.1 Oil storage and transportation methods Oil packaging is an important issue in the industry, and it is as important as the oil itself. There are many types of transmission oils and cutting fluids, which often require different packaging methods. Packaging these liquids protects the cargo and facilitates the transportation of oil from the supplier to the factory. Certain oil packaging or transportation methods may cause pollution, which may lead to product failure and may cause different risks in the working environment. The following sections detail and describe the most common modes of oil storage and transportation. 4.1.1 Oil drums or drums are cylindrical containers used to transport and store liquids. The amount of oil is measured in barrels, and the estimated capacity is 159 liters. The barrel is made of steel or plastic, as shown in the picture below. Both plastic buckets and metal buckets perform well under normal use and storage conditions (Wikipedia2013). Metal drums should be handled with care to avoid damage, puncture or bursting. To avoid oil pollution, metal drums should be moved into the storage area immediately and kept sealed before use. The storage place should be dry to prevent the barrel from rusting. Metal drums should even be stored at the right temperature, because temperature changes can cause the metal to expand and contract. The typical structure of a thesis-metal bucket causes the most common contaminants, water and dirt to accumulate. The upper edge increases the accumulation of dust, and the bending of the top and bottom of the metal drum makes it difficult to drain the oil in the drum, especially the oil accumulation at the bottom (SEFA 2013). An elastic bucket is another option, usually manufactured as a blue standard, with a tight black lock to ensure easy and quick opening. The plastic bucket has a smooth surface for efficient cleaning. Compared with metal drums, this type of drum is lighter in weight and easy to transport. Plastic buckets are also more wear-resistant, while metal buckets have a lot of scratches and dents. Plastic buckets are more likely to break in extreme cold weather, while metal buckets are quickly affected by extreme humidity (Yash Synthetics 2013). 4.1.2 Intermediate bulk container IBC is a container used to transport and store liquids. According to different purposes, the structure and materials are also different. There are different types on the market, such as plastic composite IBC container, steel IBC container container and bag-in-box. Compared with other traditional transportation types, the transportation cost of IBC is lower. Plastic composite intermediate bulk containers are the most common type and are used for liquid transportation and storage. Refer to Figure 19. The plastic composite material IBC consists of a plastic container with a wire tubular steel frame. Read Less