The rain has stopped in Houston, Texas, but the traumatic conditions left by Tropical Storm Harvey have not yet cleared. As of Thursday, August 30, the number of people killed by this catastrophic event has already reached to at least 35 people, 17 people were missing while more than 32,000 people sought refuge in Texas shelters.
Tropical Storm Harvey lashed Houston, Texas — America's fourth largest city — and has proven to be extremely traumatic to tens of thousands of people and businesses. Harvey downgraded to a tropical depression on Wednesday night, August 29 but heavy rains and life-threatening flash floods are expected to continue in and around Houston, Beaumont/Port Arthur, eastward into southwest Louisiana for the rest of the week.
According to Federal Emergency Management Agency chief Brock Long, the disaster is going to be a landmark event as the recovery from it is expected to take years. Other experts take to a more optimistic view, opining that the region may experience a bump in growth from rebuilding.
Here’s What You Need To Know:
OPERATIONAL BEST PRACTICES
Predicting the outcomes of Tropical Storm Harvey is both devastating and difficult. Times like these, companies likely know that an accurate weather device has yet modelled to ascertain potential risk one phenomenon poses. The reality is, risk is always here. It may be in a form of a deadly storm, an earthquake or an explosion. Risk does not disappear — but it can be mitigated and prepared for.
Namely, companies should put processes in place that allow them to be more flexible in responding to major disasters. Calculating a realistic and immediate assessment of damage is the priority while enforcing an action plan to mitigate further adverse repercussions is next. A company’s ability to rapidly ascertain which part of its supply chain has been seriously impacted is vitally important. This will enable the company to determine priorities, new routes, and alternative suppliers in a state of emergency, and therefore, heightened competition.
In order to prepare for price surges, for example, shippers, carriers, and supply chain managers should look for ways to cut costs and consolidate shipments ASAP. Furthermore, besides the effect on gas prices, many shipments may have been lost over the course of the week’s devastation. For companies in that area, it may take a few weeks to account for losses — so this is the time to keep your ear to the ground and increase customer support.
By Tal Porat - August 29, 2017
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