article thumbnail

Survey: Manufacturing Bosses Stepping Up Supply Chain Resilience as Pandemic Response

DRI Drive

As a response, CEOs in the manufacturing sector are taking active steps to mitigate their supply chain risks. The Global Manufacturing Prospects 2022 report from accounting firm KPMG surveyed 150 CEOs in manufacturing worldwide. The past few years have shown us all how precarious the global supply chain can be.

article thumbnail

Business Continuity Planning for the Manufacturing Industry

everbridge

Building a Business Continuity Plan for the Manufacturing Industry. For those in the manufacturing industry, critical events threaten financial loss due to unplanned downtime, reduced factory utilization rates, lost revenue, and even employees put at risk. Manufacturing Industry-Specific Dangers. Brand diminishment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Risks that Manufacturing Firms are Facing and the Impact that Follows

Fusion Risk Management

The reach and criticality of global manufacturers impacts almost everyone. Manufacturers are responsible for sourcing and producing life-sustaining food, medicine, commodities, and goods that we rely on. Additionally, operating in a global environment leaves manufacturers vulnerable to the results of geopolitical tensions.

article thumbnail

Coordinating Emergency Response and Business Continuity in Manufacturing

Plan B Consulting

This week, I have been working with two manufacturing companies that both supply products to the construction industry. I have worked for several manufacturing organisations and have always had to work hard to ensure that the principles of business continuity work in a manufacturing environment.

article thumbnail

Prolonged, wide-area electrical power failure

Emergency Planning

lifts [elevators] blocked: people possibly trapped in them trains stranded: people possibly stranded in them traffic control inoperable: possibility of accidents and queues at road junctions critical facilities (hospitals, police stations, etc.)

article thumbnail

08/05/2015 Implementing Business Continuity within Manufacturing

Plan B Consulting

I have worked with a number of defence manufacturers in the past and always find business continuity for manufacturing difficult. How do we apply the principles of business continuity to the manufacturing process when there is often only one end to end process and the item being manufactured cannot be produced elsewhere?

article thumbnail

08/05/2015 Implementing Business Continuity within Manufacturing

Plan B Consulting

I have worked with a number of defence manufacturers in the past and always find business continuity for manufacturing difficult. How do we apply the principles of business continuity to the manufacturing process when there is often only one end to end process and the item being manufactured cannot be produced elsewhere?