Critical Business Functions & Supply Chain Resilience
Cascading business interruption (BI) losses due to damage from regional weather disasters and earthquakes can exceed direct loss in most catastrophic scenarios. 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 global climate and hazard models, high-fidelity asset damage simulations with process network models to forecast the causal chain and extent of BI losses at a high-resolution. This means components and sub-processes that are drivers of losses can be readily identified and quantified for effective mitigation.
