TÜV SÜD PSB’s BCM Solutions Help Assure Singapore Companies with Business Continuity during Crisis
SINGAPORE – Having a robust business continuity management (BCM) system can help companies ensure smooth business operations and stability of critical functions in the event of a crisis. The system will also prompt operation recovery procedures enabling companies to safeguard and support their staff and customers. TÜV SÜD PSB’s Business Continuity Management solutions have helped its customers in Singapore to assess and certify their BCM systems so that they are assured of optimal preparation and a smooth transition between their normal and contingency operations.
“For more than 30 years, TÜV SÜD PSB has been providing 3rd-party audits and certification services to businesses here. We have helped numerous customers achieve compliance to SS540:2008, the Singapore Standard for BCM governed by SPRING Singapore,” said Chong Weng Hoe, Chief Executive Officer, TÜV SÜD PSB Pte Ltd. “They now have a resilient framework that defines backup processes to be carried out in a crisis, so that operations can be quickly restored and an interim framework for key services is established and in place while a full recovery is underway. This significantly cuts down potential losses in income, brand reputation and market share.”
“In today’s competitive arena, local businesses cannot afford to continue ignoring the external threats that confront us. Doing so would only lead to customer dissatisfaction and loss of repeat business. Clients demand that their vendors have the appropriate systems in place to ensure that orders and services are delivered on time. A robust BCM plan is the key to putting their worries and doubts to rest. A BCM-ready and resilient private sector will see its pool of customers and revenue grow,” said Neo Kian Siong, Assistant Executive Director, Capacity Building Division, Singapore Business Federation.
“In any crisis, our first commitment is to ensure the safety and well-being of our staff. Next, we stay committed to the creation of value for our stakeholders by ensuring the integrity of our products, delivery schedules and support services remain intact despite the additional resources that may incur,” said Sew Chee Jheun, President, Singapore Technologies Kinetics Ltd. “Having in place an effective business continuity program is core to our business. Our core values of Integrity, Value Creation, Commitment, Courage and Compassion drive you to be business continuity ready.”
TÜV SÜD PSB provides comprehensive 3rd-party BCM expert opinion, audits and certification to help companies in Singapore demonstrate the proactive involvement of their management, allocate resources and implement policies, processes and tasks that will insulate critical business functions against potential risks. For more information on TÜV SÜD PSB, please visit http://www.tuv-sud-psb.sg.
Further information is available at www.tuev-sued.de/rail
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