Dead stock: admitting what is never going to sell
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
A lone working policy covers people who work without direct supervision. What to assess, what check-in actually works, and the failure mode nobody plans for.
A lone working policy covers anyone who works without close or direct supervision — a care worker visiting homes, an engineer on a client site, a shop assistant closing alone, a researcher in a building at ten at night. Lone working is not illegal anywhere and rarely needs to be prohibited. What it needs is a decision, written down, about which tasks are acceptable alone, what happens if the person does not report back, and who is going to notice.
The failure nobody plans for is the end of the day, not the middle. A worker who finishes a final visit at six and drives home has left the arrangement, and if the check-out step does not exist, nobody discovers a problem until the next morning. Most lone-working systems have a start and no end.
On a multi-site operation the paperwork behind this stops fitting in folders. EHS compliance software keeps incidents, assessments, permits and competence records together, with one action list so nothing closes on a promise.
Ettex Records keeps the lone working register as dated records — who is out, where, expected back when, checked in at what time — so an overdue check-in is a visible state rather than something a colleague has to remember to wonder about. The written policy belongs with the health and safety policy it sits under. Ettex is not a lone-worker alarm system: there is no panic button, no automated escalation and no location tracking, and where the risk warrants those, buy a dedicated device. What this replaces is the whiteboard nobody updated and the text message nobody read.
You can, and for genuinely high-risk tasks you should. As a blanket rule it usually fails: people work alone anyway because the job requires it, and now they do so outside a system rather than inside one.
For low-risk lone working with reliable signal, often yes, provided someone is actually expecting the call and knows what to do if it does not come. The phone is not the control; the person waiting for it is.
Home workers are lone workers, though the risk profile is different — display screen setup, isolation and the difficulty of noticing a problem matter more than physical danger. A short, separate section usually covers it better than forcing them into the field-visit arrangement.
Dead stock ties up cash and space while appearing as an asset. How to identify it, the options in order of value recovered, and why holding on is the expensive choice.
Professional indemnity insurance responds to claims that your advice or work caused a loss. Who needs it, how claims-made cover works, and the gap that catches people who stop trading.
A freight forwarder arranges shipping but does not usually carry anything. What they take on, what remains your liability, and the documents to check before a first shipment.