Business continuity and disaster recovery (BC/DR) plans are an essential element of your and your suppliers’ business—an increasingly apparent fact as we now face the uncertainty caused by COVID-19. Your agreements with suppliers and service providers likely account for exigent circumstances via force majeure and BC/DR provisions, and reviewing and updating those contingencies now is imperative. In “Time to Review Your (and Your Suppliers’) Business Continuity and Disaster Recovery Plans,” Aaron M. Oser, John L. Barton and Mia Rendar discuss in depth the scrutiny of BC/DR plans that could prove crucial during the pandemic.
In managing relationships with their suppliers during the pandemic, companies will find it in their interest to show some flexibility—but only within certain parameters. In “COVID-19: BCP and Remote Work Notifications from Suppliers,” colleagues Vipul N. Nishawala, Aaron M. Oser and Mario F. Dottori take a practical look at just what this means for often global networks of third-party suppliers and the companies that employ them.