Unexpected events and natural disasters have significant impact on business operations, and the very nature of these tragedies have forever changed how businesses plan for disruptions. In addition to all of the natural disasters ranging from floods to flu pandemics, businesses are continuously planning for other types of potentially devastating unnatural disasters that include war, terrorism, power outages, industrial sabotage, and software virus attacks. In the recently published CAPS Research report, Business and Supply Chain Continuity, author, George A. Zsidisin, Ph.D., C.P.M., Michigan State University, states that business continuity plans include emergency response plans, which consist of detailed plans for responding to an actual emergency, and business recovery plans, which describe how the firm will recover as quickly as possible to sustaining operations.
Managing supply chain continuity has become even more important with the recent intense focus on 'lean' business processes and supply chains. Across the globe, businesses have found themselves facing a difficult question: How can we ensure supply arrives on time, in the quality and quantity expected, while at the same time enjoying the benefits of lean practices?
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