Floods cause a lot of damage and destruction, causing loss of life, public property, and infrastructure. According to the WHO, between 1998 to 2017, floods affected more than 2 billion people worldwide.
Floods cause a lot of damage and destruction, causing loss of life, public property, and infrastructure. According to the WHO, between 1998 to 2017, floods affected more than 2 billion people worldwide.
Floods occur when an area that is usually dry is submerged in water. They are the most common types of natural disasters and are caused by heavy rainfall and snowmelt, a surge of the storm from a tropical cyclone, or an overflow of water from water bodies.
There are three types of floods.
1. Flash floods
2. River floods
3. Coastal floods
Many businesses in the path of floods may be shuttered for days, weeks, or even months. Many businesses may not be able to recover from shutdowns due to floods for years to come.
The loss incurred depends on the type of business involved. An example of this could be the recent floods in Alabama. It destroyed cattle, chickens, and horses and caused business operations to stop until the livestock could be replaced. A large part of inventory gets damaged when car dealerships get hit by floods, which leaves the cars in unsellable conditions and, in all likelihood, having to be scrapped as salvage titles. Similarly, transportation-based businesses may be unable to operate if their trucks or other transport vehicles cannot cross flooded areas.
Floods cause damage to the structure, the loss of valuable documents and inventory, and damage to machinery and vehicles that might cost thousands of dollars to replace.
Having a plan can reduce the impact of floods on businesses. You can reduce or prevent losses by preparing in advance.
While doing all of these tasks, along with many other things, can be difficult, you can have technical assistance to help you during incidents like this and operate faster and more efficiently. Finding the right platform is crucial but can be difficult. It must have all the relevant features that assist you during an emergency situation.
Research also shows that abnormal rains affect 70% of businesses worldwide. Smaller businesses are more likely to be affected.
Heavy rains cause transportation obstructions and can flood buildings. It also impacts delivery, people, data centers, and supply chains.
Lythouse risk management solution is a platform that provides alerts and emergency services during situations like these. It has the following features that could help your business.