Business Continuity and Resilience Planning Equip Your Business for Long-Term Profitable Growth Small and medium-sized manufacturers face the risk of disruption on a constant basis. Natural disasters, social disruption, failure of infrastructure, loss of key personnel, pandemics, and cyber-attacks are just a few of the things that can cause a company to grind to a halt. Along with the potential of lost revenue, supply chain disruption, and increased costs, there is always the possibility of a negative impact to customers as well as a company’s reputation. Lost revenue with unplanned expenses results in reduced profits. In some cases, insurance may provide some relief but it is very unlikely it will cover all losses and of course it cannot replace lost customers. Having a business continuity plan in place is essential for mitigating these negative impacts. Development and implementation of a business continuity plan involves four steps: STEP 1 Conduct a business impact analysis to identify the time-sensitive or critical business functions as well as the processes and the resources that support them. STEP 2 Identify and document the implemented plans and methods needed to recover these critical business functions and processes if a disruption event occurs. STEP 3 Establish a business continuity team and determine how this team will implement and execute the recovery plan to mitigate the disruption to the business. STEP 4 Train your business continuity team and test the system in order to evaluate the recovery strategies and plans. The Importance of a Business Continuity Plan For Small and Medium-Sized Manufacturers A Business Continuity Plan prepares a company to address and recover in the event there are disruptions to its operations caused by internal or external forces. The plan is a living document that requires review and adjustments as new risks are identified to ensure resiliency and sustainability of your organization. Please complete this form and CMTC will contact you to schedule the meeting. First Name* Last Name* Email* Phone Number* Company Name* Job Title* Functional Area* Please Select Engineering/Design Executive/Senior Leadership Finance/Accounting Founder/Owner/President HR IT Manufacturing/Purchasing/Assembly Operation Excellence Procurement/Supply Chain Quality Sales & Marketing Warehousing/Logistics/Distribution Other Are you a manufacturer?* Please Select Yes No Business Address* Address Line 2 City* State/Region* Please Select Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusettes Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming CA Other Postal Code* Country* Specifically, I'd like information on: CMTC needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy. About California’s Mfg. Network Services Programs Made in CA Events Resources Contact Contact CMTC Phone: (310) 263-3060 Contact CMTC: Contact CMTC Here Address: California Manufacturing Technology Consulting® (CMTC) 690 Knox Street, Suite 200 Torrance, CA 90502 Follow Us © 2021 CMTC