Lean Manufacturing for Operational Risk
Many organizations experience hidden operational costs related to accidents, inefficient safety processes, and poorly integrated risk management practices. Fortalis applies Lean Manufacturing principles to operational risk management through the RCODS approach (Reducing the Cost of Doing Safety).
This approach focuses on simplifying systems, eliminating inefficiencies, and aligning safety practices with operational performance.
What RCODS focuses on
The RCODS approach helps organizations:
Identify hidden operational costs associated with safety and incidents
Simplify risk management and prevention processes
Improve integration between safety, operations, and management systems
Strengthen decision-making using performance indicators
Reduce administrative friction while improving risk control
The result
Organizations can reduce the operational cost of risk management while improving both safety performance and operational efficiency.