Supply Chain Business Continuity

— RISK MANAGEMENT

Supply Chain

Assess your risks and minimize downtime if disaster strikes.

Plan for an uninterrupted business plan

What would happen to your business if a key shipment were delayed? Or a fire destroyed your biggest supplier of materials?

The risks are real, and Lockton’s Business Continuity experts will help you assess them. Then we’ll establish contingencies to minimize downtime so that the answer is “yes” – your business will survive if disaster strikes.

Business Continuity Planning (BCP) ensures the continuation of operations in the event of a catastrophic event.  Through Lockton’s BCP disaster recovery planning, we will work with you to identify the actions, resources, and procedures that will help keep your business operational despite unexpected interruptions.

Deep analysis of your business risks and interruptions

In addition to a disaster recovery plan, Lockton’s experts will help you conduct a thorough review of your supply chain – starting by identifying the products and services that are essential to your business. We will:

  • Evaluate potential threats to essential services, then establish a Recovery Time Objective (RTO) for each essential service.

  • Play “what if?” to develop plan contingencies.

  • Appoint an executive-level team to develop a corporate global plan, including a method to update risk assessment and contingency plans.

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As is often the case under a new presidential administration, the past year has brought significant changes to the federal Department of Labor (DOL), including new leadership and a new approach to regulatory enforcement. It’s up to employers to make sure lega ...
Read moreThe Department of Labor’s regulatory arm has new priorities for ERISA. Here’s how employers can adapt.

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