As a manufacturing company, you need your engineering, processing and logistics operations functioning at full throttle. The drive towards customer responsiveness and operational efficiency at a competitive price is a mission critical objective. A prime challenge in the manufacturing sector is to reduce risks without compromising on efficiency.
Deadlines are crucial and your organization can’t afford to fall back on production schedules. The impact on revenue aside, failing to deliver can also imply penalties and reputational damage.
Business Continuity Plan for Manufacturing
In an industry plagued by narrowing profit margins, stiff competition and minimal margin for error, business continuity planning is your ticket to survival. Our multidimensional, cloud based platform can help you stay safe, stay protected and Stay in Business.
The SIB platform gives you the luxury of adopting a holistic approach while developing business continuity plans.
Key aspects that can be covered include:
Risk assessment – Conduct an in-depth analysis of all the possible business disruptions that can affect your organization based on the frequency of their occurrence and intensity of impact.
Business Impact Analysis – Understand the extent to which your organizations goals and objectives can be compromised by business disruptions.
IT Disaster Recovery – Design readily deployable plans for recovering IT systems and applications.
Testing – Keep your business continuity management solution current and up to date through regular maintenance drills and evaluations.
Solution Strategy
Stay in Business lets you design solutions that work at two levels. You can now create business continuity plans that address your preparation needs on the one hand and their effectiveness on the other. The platform’s various features and functionalities collectively let you develop an enterprise wide crisis capability. Plans can also be extended to assess external risks and look at feasible alternatives when third party supplies are disrupted. You can now plan for and confront occupational hazards typically encountered in the manufacturing industry such as backlogs, penalties, insufficient staff, negative media coverage, diminishing market percentage and more.
The industry’s complex and precision driven business model translates to high expenditure on risk mitigation. But with the exhaustive planning capabilities of SIB’s platform, you can now address this hassle at a fraction of the cost.
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Disasters
