Reason Magazine 2014 Quartal 2 Seite 41

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speed wrapping machines featuring spe cially engineered wrapping technologies To address the risk management con cerns of this major project we assembled a group of key Hershey risk management and facilities personnel Director of Risk Man agement Megan Marshall Senior Direc tor Process and Packaging Engineering Peter Lord and the aforementioned Steve Myers to discuss the company s goals and challenges in Asia the challenges it faces in building a facility on the other side of the world including engineering codes and standards staffing and safety and how Her shey s relationship with FM Global has been and will be integral in dealing with those challenges look to build strong partnerships that cross multiple years so that as the insurance market place or other emerging risks ebb and flow we can make sure that our program also remains dynamic Marshall inherited the relationship with FM Global which began in 1988 eight years ago Together we just celebrated our 25th anniversary she states and I will say that no two days have been the same in interacting with FM Global which is exactly what we re looking for in terms of a strategic partner They challenge us and they challenge the status quo That keeps our risk management program growing and evolving Marshall believes that this part nership works effectively because both sides are always seeking new and innovative ways to manage risk Keeping pace with the company s growth is We ve had numerous meetings in Malaysia with FM Global s people on the ground there We ve brought in technical experts to review our designs It gives us confidence that we have an extra set of eyes watching over such a huge project PETER LORD Senior Director of Process and Packaging Engineering The Hershey Company Megan Marshall is responsible for the strategy and execution of Hershey s global risk and insurance program which includes our property casualty and executive manage ment liability insurance program She and her team including Michele Heck manager of risk and insurance also support the advance ment of Hershey s enterprise risk manage ment program throughout the organization Hershey s risk management program walks in stride with our strategic plan of the organization she says Relationships are extremely valuable to Hershey and I am most proud of the relationships that we ve forged including those with FM Global We critical to Hershey s global expansion For example she notes in China FM Global has moved in stride with us not only from engineering and inspection perspectives but also in terms of insurance coverage We now have a truly global insurance program thanks to FM Global and its WorldReach partners By 2017 Hershey anticipates that more than 25 percent of its sales will come from outside the United States and Canada What that means is that the confectioner s global supply chain must be resilient scalable flexible and efficient all while operating in a dynamic risk environment It is here that we re going to find tremendous value from our partnership with FM Global because they re together with us as our brands launch and as our manufacturing and supply chain footprints grow to meet the demand for our products overseas BUT WHY MALAYSIA The plant s location is a strategic geographical choice that provides Hershey with easy distribution access to more than 25 markets across Asia Malaysia also offers a