Business continuity and risk mitigation

There are many ways to reduce business continuity risks. A few years ago, Veco started a business-continuity- and risk-mitigation -program. It’s based on the integrated OHS&E-management system (at major hazard control level, ISO14001- and OHSAS18001-certified). We are focusing on the most important areas: Fire Risk reduction, Purchase and data.

Fire risk reduction

• Our production area is fully sprinkled and detected (this is not a legal nor an insurance obligation).
• Our emergency response team is certified and trained at least 12 times each year.
  The local fire-brigade is very aware of our specific production situation. An annual training together with the local fire-brigade(s) is scheduled annually. Wet benches are designed on a “semi-standard”
• level.
• Thermographic-scans and safeguard-control are part of our preventive maintenance program. All maintenance is carried out after risk analysis by certified maintenance engineer. Our work permit system is coupled with our risk-assessments.

Major hazard control 

Veco does fall under the “Seveso Directive” as the result of the usage of environmental hazardous chemicals. All hazards are identified as well as all critical lines of defense as a result of our risk-analysis.

Purchase

To identify the risks of our suppliers we use the “Kraljic-program”. Using this methodology we are able to mitigate the risks. For strategic suppliers we conclude contracts, and also perform audits at strategic suppliers in terms of business continuity.

Data

The accessibility of data is guaranteed: 2 fully compatible server systems are installed in separate buildings and/or stored in the cloud.