The COVID-19 pandemic has changed the world as we know it and impacted every aspect of human life and interaction. Besides the severe health crisis, the pandemic has thrown the economy into an uncertainty and led to large-scale operational disruption. Per IMF estimates, the global economy shrunk by 3% in 2020 due to the sustained ramifications of the pandemic. The resulting situation, commonly referred to as the “new normal”, has ushered in an era of a major reshuffling of priorities within the business landscape. This comprehensive white paper will explore the role Business Continuity Planning has in supply chains. In addition, readers will learn: The differences in business continuity planning among small, medium, and large-sized businesses Stages of the BCP lifecycle Templates and guides for your own organization
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