A Category 4 hurricane is a major concern for businesses that need to keep a count of their inventory and don’t want their suppliers to face any shortages. Storms become more active during the months of August, September and October. It has been estimated that 2018 will witness around 10-16 named storms. A storm that reaches hurricane status is one where winds are at least 74 mph. A major hurricane is one that reaches category three which comes with winds of at least 111 mph.
October 17, 2018
July 20, 2018
Surveying the Way to Effective Business Continuity Programs
As customer demands, ISO Standards, other regulations, and disruptive events continue to increase the pressure on 21st century enterprises, the need to develop well-defined and practicable business continuity plans becomes harder to overlook.
Many organizations are taking first steps on the journey to create mitigation plans that can be applied in times of crisis. However, based on the growing demands to incorporate, strategic planning and procurement decisions too are vital inclusions in these programs—yet are all too frequently neglected.
A few years ago, I was assigned responsibility for maturing a business continuity program (BCP). During the program’s creation, I had the opportunity to meet a number of business continuity leaders, many of whom had developed world-class systems for business continuity management.
As part of the discovery process for my program, I asked many questions, some of which were similar to those listed below, and addressed the very basics of the BCP discipline:
- What were the first steps taken in your organization’s business continuity journey?
- What key items did you classify as “must-haves” in the program?
- What standard did you establish as the basis for your program?
June 04, 2018
Resilinc predicts that if Chinese demand for US products materializes as projected, manufacturing companies in the US will begin to experience shortages, both of workers and raw materials. These shortages may jeopardize the ability of manufacturers to fulfill the increased demand.
Indeed, on the logistics side of the supply chain, labor shortfalls are already evident, as a lack of truck drivers leaves companies unable to meet current levels of demand for products made in the US—never mind those potentially inflated by China in the near future.
A Downward Unemployment Trend
Understanding supply chain dependencies and the potential impact of trade wars between U.S. and China, and how you can draft an action plan to proactively respond to tariffs imposed by both countries
April 11, 2018
Many economic, capacity and labor challenges resulting from the independence process could cause serious issues for supply chains dependent on Spain and beyond
August 02, 2017
This is first in the series of blogs highlighting the importance of data in supply chain risk management.
July 27, 2017
With all the news about harassment faced in Silicon Valley by women, I brought up this topic with my board members today. I took the opportunity to thank them for being normal and good people.