Sunday, June 22, 2014

RECOMMENDATION

The companies that have been interrupted by the Business Interruption should be prepared,means need to be ready to face those risk such as flood, fire, natural disaster and so on.

They need to be well prepared to minimize the losses, one of the things that they can do is by having a buffer stock(safety stock). This will help them to recover faster because of they have another backup if anything happen.

Moreover, if they can predicted when the risk such as flood start from what month and will end in what month, they can use another initiative like rent another premises to continue their production in the time of the interruption period.


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