Disaster Recovery Planning Process Part 1 of 3. Foreseeing situations arising from a major disaster and preparing well for them enabled the Company to take prompt actions when the time came.
Then it should quantify and prioritize the risk and further develop a mitigation strategy to make it less severe. Page 9 References: Top management or senior level executives must actively participate in the disaster recovery planning process.
This case was prepared by David Simchi-Levi, MIT Professor of Civil and Enviornmental Engineering and Engineering Nissan Motor Company Ltd.: Building Operational on East Asian Studies, Harvard University, ). Nissan Motor Company Ltd.: Building Operational Resiliency see a red button with the words Teaching Note right below the red button that says Case Study.
This further gives no scope for dead stock. It should further include detailed procedures which are to be used before, during and after a disaster.
Nissan Creating Operational Resiliency. 1. Nissan Motor Company Ltd.: Building Operational Resiliency Presented by: Group - 4 Presented to. Japan's March 11, Great Thoku earthquake and tsunami was among the most damaging natural disasters on record. This case examines the.
This idea of sharing information led to valuable contribution from global regions instead of becoming a burden on the Company. Such increase in the risk factors of supply chain and the rapid propagation of disruption have placed many companies in a Page 7 challenging situation as they have to operate in a more nissan case study building operational resiliency business environment.
Identify current risk and assess it: Also several operational changes were announced by the Company inpost the disaster to make the business more sustainable and less prone to severe disruptions.
Nissan case study | Supply Chain | Strategic Management The Management of the Company could also secure air freight to get the critical parts out of their country faster and reduce the apprehension towards in-transit stocks.
The Company also used flexible approach by modifying its delegation of authority to speed up critical decisionmaking process for recovery concerns. Test the plan: Sharing information: Also developing a more effective supply chain and risk management techniques make persuasive essay first draft business more sustainable. Hence, the Company used proactive measures post the disaster situations rather than consuming time and delaying decisions which were indispensable.
This was urgently required by the Company to boost its sales and earn sufficient amount of revenues to enable persistent business operations without any barriers.
Control of logistics processes: Maintaining data centre: Involvement of top management or higher level executives: This is imperative for the continuity of business and generation of revenue for the Company. The impact of such disaster was devastating.
Therefore, the Company should maintain a database involving all the information regarding stock details, production processes, manufacturing operations, materials required, in-transit inventory, employee details and other business concerned activities.
A formal and detailed plan should be prepared which follows a standard format and provides for detailed procedures. This is extremely important for any Company to develop an appropriate recovery plan how to write a research paper powerpoint elementary in mind various unforeseen natural calamities such as earthquakes, floods, tsunami etc.
Paur Says Nissan Was Quickest to Recover After Quake
The Company must build collaborative relationships with its primary and secondary suppliers in order to know which suppliers serve the best alternative sources. Risk assessment: This involves foreseeing possible disasters, including natural, technical or human threats.
This occurs by manufacturing the product as per customers specifications and expectations. As a response to the disaster, the Recovery Committee established by Nissan to coordinate global recovery actions laid emphasis on few meaningful practices such as:
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