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FARS is an advance warning system - a tool which generates a variety of alarms caused by many pre-identified trigger conditions. The system works on a set of leading and/or lagging indicators, which are customised to each environment that the FARS is designed to work within, and the alarm conditions are generated accordingly in advance of any undesired event from occuring and hence preventing a loss.
FARS is a very useful tool for the prevention of many undesired events from occuring within any organisation. A systematic approach of conducting a thorough risk assessment analysis needs to be carried out to identify the leading indicators within the organisation and it's implemented systems. This tool is not any sector specific and can be used across various business and industry sectors. Although the demo version is related to Marine industry, the system can be customised to suit any environment - contact us for more details and a obligation free demo at your office
Training Manager -