Critical Business Functions
& Supply Chain Resilience
Critical assets and processes are often exposed to cascading business interruption (BI) losses due to damage from regional events. BI risks can lead to losses that exceed direct losses in many types of catastrophes yet they may not be adequately identified or understood. From on-site power and utility distributions to complex manufacturing processes and global supply chains, mapping out the interdependencies between critical assets and services that facilitate business functions at the regional and global level is an essential aspect of BI loss minimization. Working closely with clients, KR embeds your organizational goals and constraints into our asset resiliency platform that combines physical hazard and risk simulations with process network models to forecast the causal chain and extent of BI losses at a high-resolution.
Our staged approach helps organizations distill a sea of possible hazards into key scenarios according to impacts that are most relevant to the portfolio in question. This information in turn enables our team to identify the weakest links in the asset and business processes, evaluate their impacts and potential measures for targeted risk reduction.
Book A Free Consultation
