STORAGE RISK Clause Samples
STORAGE RISK. All materials, including artwork which you supply, will be received and stored by us at your risk. You will retain title to all materials. Although we will take reasonable precautions to safeguard your materials, we will not be responsible for any loss or damage to them from any cause. You will insure all materials against all loss or damage.
STORAGE RISK. Definition: In the decentralized model, (in-transit) storage sizes of the product are reduced and total storage is reduced because of more just-in-time production. • Main associated criterion: economic, social, environmental. • Why this is relevant: Products can be hazardous or easily contaminated. In the case of hazardous product, reducing the storage sizes will decrease the safety risk. Reducing and distributing the total storage reduces the risk of losing product due to contamination. However, the storage is moved towards the customer and, as well, the safety risk. This factor can be perceived as important by the customer and plays at the level of the production manager, maintenance provider and equipment manufacturer. • How it impacts the uptake of the Decentralized model: The risk of stored hazardous products can be perceived as important by the customer and therefore a barrier can arise. However, the reduction of the total risk can improve the uptake by governmental support.