In the event of a business-halting disaster, one main onjective would be to get back up and running as quickly as possible. There are multiple extenuating circumstances that could help reduce down time for your busiess, should an unfortuneate event occur that could halt any fraction of your operations.
Variables that could help reduce down times:
- Ability to temporarily relocate
- Availability of spare stock, raw materials, dies, designs, and programs for production. These should be stored off premises at a different location.
- Redundant equipment/production lines
- Excess capacity at sister plants/other locations
- Ability to outsource/sub-contract portions of operations
- Arrangement with vendors for product/production replacement
- Numerous (dependent property) suppliers and the ability to easily replace these suppliers. No single critical and/or major supplier
- No building codes and ordinance issues
Knowing what these are, your ability to make them happen is a key component of your business continuation/contingency plan.
