As part of our Business Continuity Management (BCM) services, we have helped one of our clients set up a BCM programme. This highlighted exposure in having only one sub-contractor approved by one of their (aerospace) clients for a particular anodising process.
On the Monday, they made their customer aware of this situation. With perfect timing, on the Tuesday, this sub-contractor had a fire which will put them out of operation for 3 months. Had they started the BCM process earlier, they would have had an alternate sub-contractor already approved. Instead, they had to initiate a hurried approval process; it could have been worse.
See about our BCM programmes.