contingency plan

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contingency plan

tactics which would be adopted in the event of a firm's original plans being thwarted. It is important for a BUSINESS to establish contingency plans so that they have a fall-back position. If, for example, a key component supplier is unable to deliver on time, the firm should have alternative suppliers lined up to avoid excessive disruption to its own production process.
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It's pretty automatic that if there are any threats, especially for those who are in affected areas, they have contingency plans for those things,' Abella said in a press briefing.
Focal persons of the Regional Disaster Risk Reduction and Management Council (RDRRMC) of Caraga region will undergo a three-day Contingency Plan Formulation Workshop (CPFW) on August 17-19 at Almont Inland Resort here.
We are talking with them about the contingency plans they have, what measures they can take.
The bank confirmed that the plans it had outlined previously to move its registered office to England were part of its contingency plans to ensure certainty and stability for customers, staff and shareholders in the event of a Yes vote.
The organisation also added that international airports, including those in the EU, already have contingency plans.
Given the assumptions regarding contingency planning in supply chain networks and the noted complexities inherent in the process, the purpose of this research is to identify characteristics of the contingency planning process that influence organizational adoption of contingency plans.
Imake sure they are providing their advice on facts and expertise rather than hope and optimism and we have contingency plans in place.
The following questions and considerations may help with preparing contingency plans.
That's why we make sure by early October that each and every building we serve has a Snow Emergency Contingency Plan in place, and that all building employees are aware of their responsibilities when a major storm hits.
Contingency plans map out a corporation's strategy for environmental or man-made disasters that may have a serious impact on the daily functioning of business.
government securities and limitations on collateral substitutions in repurchase transactions; (2) the Federal Reserve should consider altering the operating hours of the Fedwire system, liberalizing the terms of its government securities lending program, and, when necessary and appropriate, injecting additional liquidity into the marketplace; and (3) consistent with their contingency plans, regulators should consider liberalizing or suspending relevant regulations when appropriate to mitigate adverse effects on the trading and settlement of government securities.
SBC officials have said they do not expect a strike to be necessary, but they have contingency plans in case one does occur.

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