While it's hard to predict when a disaster will strike, developing a business preparedness plan beforehand will give a company the ability to take immediate action to get the business up and running as quickly as possible. (Photo: Shutterstock)
For manufacturers, equipment is often the largest capital expense — possibly worth more than the building itself. When disaster strikes, the first few hours can be crucial to the preservation and future reliability of the impacted equipment. Ask yourself this: In the event of a disaster, do you and your team know what to do to preserve your assets? Do you know who to call to restore your equipment? When equipment is as valuable as that in the manufacturing industry, the answer to these questions should be "yes."
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