GlossaryEN1 min readUpdated: Jun 26, 2026
Business Continuity Plan
A Business Continuity Plan (BCP) is a documented framework specifying how an organization will sustain its critical processes during and after disruptions.
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Source: https://www.iso.org/standard/75106.html
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Incoterms 2020 Simulator: Who bears costs & risk?
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Definition & Explanation
A Business Continuity Plan (BCP) is a documented framework specifying how an organization will sustain its critical processes during and after disruptions. It includes a risk and business impact analysis, prioritizes functions by urgency – in freight forwarding, customs clearance typically ranks above inventory management – assigns clear responsibilities, outlines recovery measures, and establishes emergency communication protocols for internal and external stakeholders. In the logistics and customs sector, regulators and insurers increasingly require a BCP as a precondition for operating licences or coverage. What matters is not merely having the document: it must be kept current and validated through regular drills. An untested plan is widely regarded as equivalent to no plan at all.
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