Contingencies, alternatives and interim solutions during a crisis will ultimately impact all areas within your organization. It may also impact vital operations of your customer, supplier and business partners. Consideration will need to be given to a large number of operating functions in order to ensure coherence within all affected organizations.
These considerations might include:
- Direct assistance through Multilateral Continuity Planning support teams
- Emergency financial policies, standards, and guidelines
- Extended payment terms
- Interim line of credit
- Collective bargaining; unit emergency agreements
- Alternative transaction processing methods
- Alternative methods of communication to customers
- Alternative sourcing for supplies, raw materials, and finished goods
- Alternative production and manufacturing process and policies
- Standard inventory level adjustments
- Alternative warehousing of materials and products
- Shared cost on technology for backup and recovery solutions
- Mutual personnel support
- Alternative sourcing of information based on services via internet providers, e-commerce service providers and credit care payment processing
Different organizations will have different needs and the needs of their customers, suppliers and business partners will differ. By developing a Multilateral Continuity Plan, complex problems and solutions can be addressed before a disaster occurs.