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Both floods and droughts have the potential to seriously disrupt society as well as the private sector. Impacts are felt by a wide range of businesses including, among others, insurance, fast-moving consumer goods, agriculture, energy, supply chain, infrastructure, and finance.

To name a few examples of the impact floods and droughts can cause, there was the 1993 Mississippi floods which caused a global increase in grain prices. The 2011 Thailand floods led to a worldwide shortage of hard drives, and higher prices as a result. The 2018 drought in Europe caused extremely low water levels on river Rhine, a major transportation artery in North-West Europe. The increased costs of shipping resulted in increased costs of building materials.

Forewarned is fore-armed

Businesses can take measures to reduce the adverse impact of a flood or a drought. For example, supply chain managers may temporarily source from alternative suppliers, pre-emptively increase stocks or pre-emptively ship manufactured goods. Agro companies may decide to plant different crops. Chip manufacturers may purchase cooling water and equipment. Through GLOFFIS, we provide the forecasts needed to inform those decisions.

At Deltares, we have decades worth of experience, expertise and skills required to deliver forecasts. Our data are available for anyone who uses forecasts to make decisions. It is also possible to integrate these data in existing risk analysis or risk management systems.

Schedule a meeting

GLOFFIS adapts to your business easily. Whether you want a forecast for flood or drought, for a single or multiple locations, or integration into your management dashboard, GLOFFIS will suit your demands. Schedule a meeting through our booking calender and let us know how you would like to use GLOFFIS.

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