Australian Businesses Urged to Plan for Critical Supplier Failures
1 report, 1 independent
Updated Fri 00:00
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What happened
Everpure APJ's CTO, Matt Oostveen, urged Australian organizations to define a 'minimum viable company.' This concept requires businesses to determine what must continue operating if a critical supplier becomes unavailable. Oostveen noted that such outages can occur due to changes in overseas policy, rather than simple equipment failure.
From itwire.com
Why it matters
The need for this planning is highlighted by scenarios where essential services, such as supermarket tills or bank ATMs, must remain operational. These services can be interrupted when overseas policy changes cut off access to necessary providers.
From itwire.com