The high cost of fuel is forcing many businesses to review their procedures to find more efficient methods for operations, business continuity planning and more. Fuel prices have increased dramatically over the past year, putting a huge dent in many corporate budgets. Both small and large organizations are feeling the effects. According to survey by the Institute for Corporate Productivity, 66 percent of organizations report that soaring fuel costs are having a negative effect on their business operations.

Businesses are fighting back by adjusting routines, procedures and processes. Many of the changes affect business continuity planners. A few things to consider, include:

For companies in the transportation industry, the fuel costs are an obvious concern. Cost-saving measures being implemented include cutting back on long-distance deliveries, tighter scheduling of routes, better load balance on vehicles and adding fuel surcharges. In the airline industry, many flights are being cancelled as airlines struggle to streamline their costs. For contingency planners, a concern is maintaining reliable supply chains. As organizations fold in this tough economy, it is essential to have an accurate gauge on your suppliers. Research alternatives and maintain current contact lists. Companies should also plan for fuel strikes. A fuel strike is where transporters organize and refuse to deliver goods in a protest of higher gas prices. A small fuel strike was held earlier this year, and had little effect on most organizations. However, experts warn that a larger strike could have widespread impact.

Fuel costs will not be falling anytime soon. Take time to review what your organization is doing to slash costs, and make sure your BC plans are updated to handle the changes.