Vertical Markets

Supply chain risk tool

by Mark Rowe

BSI (British Standards) are offering open access to the COVID-19 section of their Supply Chain Risk Exposure Evaluation Network (SCREEN) tool.

SCREEN is a web-based supply chain intelligence system, paid for by subscription. The data for its company subscribers allows them to anticipate, respond to, and avoid supply chain disruptions, BSI says.

As referenced in BSI’s recently released Supply Chain Risk Insights 2020 Report, the COVID-19 outbreak has highlighted fragility of global supply chains. As BSI says, a failure of one link in the chain has the potential to cause disruptions throughout.

As the pandemic has progressed, causing disruption to everyday life and an impact on the workforce, companies have had to re-evaluate their supply chains, BSI adds. Initially this was caused by the downtime and slowed restart of manufacturing in China, the start of many supply chains; the continued spread of the pandemic has led to complex and varied responses by governments to contain the virus, creating further disruptions, and requiring businesses to adopt business continuity measures.

Whether this means that restaurants are closing dining rooms and only providing carry-out and delivery, or hospitals restricting access to critical patients, the ‘New Not Normal’ is here and the need for business continuity planning that considers all types of potential natural disasters, including disease outbreaks, has never been more acute, says BSI.

Lessons learned from the COVID-19 outbreak about how to better mitigate disease spread and absorb delays to manufacturing and global shipping will shape how companies and supply chains are effectively able to respond to other disruptions, BSI adds. Hence open access to SCREEN’s COVID-19 intelligence.

Jim Yarbrough, Global Intelligence Program Manager at BSI said: “These insights will allow companies to sharpen their actions in the face of this crisis, focus their business continuity plans for their recovery and have a stronger continuity plan for the future. Our priority is to bring the global community reliable and actionable insights and information, curated by our team of experts, around COVID-19 to protect public health and mitigate business disruption.”

To view the SCREEN COVID-19 intelligence, visit: screen.bsigroup.com/Covid19/.

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