How a concern for shareholder value leads Spectro to retrofit sprinklers;
Spectro leads the market in precision instruments. Reason Magazine looks at their recent decision to retrofit a sprinkler system at their factory in Kleve.
Spectro calculated that it would take 3 months to recover from a fire at the factory – and few customers would wait this long.
As Mark Scheuer, director, compliance, says “The impact on us for not completing this recommendation… would greatly outweigh the overall cost of the installation”. Reason goes behind the scenes to look at the challenges Spectro overcame.
Plus over 50 pages of news, insight and opinions from the world of risk management.