COVID-19 Business continuity planning and restart management

The COVID-19 pandemic has heavily affected businesses of all sizes across industries. Businesses are suddenly given a daunting challenge to minimise risks while ensuring business continuity amidst the uncertainty.

At TÜV SÜD, we are aware of the complex challenges you are facing and have pulled together a suite of solutions to support our partners and customers during this challenging times:  

• Identification of business interruption risks
• Mitigation of 'restart' risks & definition of 'restart' procedures
• Quantification of the potential impacts on your company 
• Development of mitigation strategies
• Planning to manage crises before any situation, such as COVID-19
• Remote and digitalised auditing and inspection for immediate business continuity
• Using crisis times to go back to essentials and refurbish business

Get in touch with us to discuss how we can support you during the COVID-19 pandemic.

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Supporting you with our business continuity solutions

 
BUSINESS INTERRUPTION RISK IDENTIFICATION, RISK ASSESSMENT & READINESS

• Determination of the emergency response planning status
• Identification of the current status of corporate crisis communication infrastructure
• Identification of primary business continuity risks
• Identification of supply chain resources and processes
• Analysis and identification of critical suppliers and their potential impact
• Discussion of strategies to reduce risk

• Analysis in emergency preparedness

• Special Remote Auditing Rules to ensure business operations
  (Note: Remote auditing is subject to special rules that must be verified on a case-by-case basis)

 BUSINESS CONTINUITY PLANNING (BCP) DOCUMENTATION

• Creation and development of a well-organised BCP document
• Development of clear guidelines on what company resources should be engaged based on a critical event
• Analysis of supply chain resources
• Development of back-up plans
• Definition of roles and responsibilities of key personnel

• Analysis of management system documentation

 
UPDATING OF BUSINESS IMPACT ANALYSIS (BIA) INFORMATION

• Establishment of rules for maintaining and updating information
• Initial evaluations 
• Documentation of changes and facilities that would affect BIA’s
• Review of facility BIA documents, comment on the status and recommendations 
• Annual communication with critical company risk management and support functions

• Sustainability Reporting Assurance

Contact us to support your business now.

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SUSTAINABILITY - OPPORTUNITIES ARISING DURING THE CRISIS

Many companies will need to rebuild, restructure or reshore their supply chain because of the pandemic. This offers opportunities to establish new and trustworthy supplier networks and apply additional sustainability practices to the business. TÜV SÜD can support you to make technical-informed decisions such as:

• Choosing more sustainable (biodegradable or recycled) materials

• Phasing out substances of environmental concern

• Enhancing product use phase utilisation through performance and endurance 

• Improving end of life practices (e.g. recyclability)

• Making effective use of resources and move to renewable energies along the supply chain
• Ensuring the integrity of food products and own-brand labels via sustainable sourcing
• Safeguarding a high level of information security and trust between manufacturers and suppliers
• Mitigating potential risks and threats to business continuity by implementing supply chain security
• Supporting green procurement 
• Evaluating, qualifying and monitoring supply chain partners

TÜV SÜD MobilityCare - support package with digital services for automobile trade and service

In the current pandemic situation surrounding the spreading corona virus, the automotive industry is facing particular challenges. Without help, many companies are threatened by a liquidity bottleneck and the imminent end of the business. The trade and most workshops are not working at full capacity and adequate digital support must be provided quickly to at least partly compensate. We support you in these times with our digital mobility solutions.

Digital, optical assessment of vehicle by a TÜV SÜD expert – live, without physical presence - CareNOW!

Customised app for car dealerships to keep in touch with customers - mobilApp

Video chat solution for car dealerships - FACE2FACE

Digital appointment scheduling 24/7 for services such as tyre changes or PTI - Voice-Bot

Analysis of web presence - Digital car dealership consulting

Digital "Drive-through-360°-vehicle scan“ to accelerate fleet and vehicle management - DVS (Digital Vehicle Scan)

Vehicle photos for an optimal presentation on the internet – PhotoFairy

Reduction of downtime of vehicles with digital toolbox – Used Car Consulting

Get in touch with us to discuss how we can support you!

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COVID-19 pandemic Supply Chain Impact – ISM Survey results

According to a recent survey released in March 2020 by the Institute of Supply Management (ISM), nearly 75% of companies reported supply chain disruptions, in some capacity, due to coronavirus-related transportation restrictions, and more than 80% believe that their organisation will experience some impact because of COVID-19 disruptions. Of those, one in six (16%) companies reported adjusting revenue targets downward an average of 5.6 percent due to the coronavirus. 

The numbers above demonstrate the severity of the current crisis. However, businesses that build a strategy to deal with the current and upcoming challenges can ensure that they minimise the impact and risk of the pandemic. The global economy needs to come together today to help people all around the globe to overcome this. Together we can achieve this and work towards a better tomorrow. 

For more information on TÜV SÜD's precautionary measures concerning the COVID-19 pandemic, click here.