Supply Chain

How can businesses prepare their supply chains for Brexit?

With the UK due to leave the European Union on 29 March 2019, firms operating in the UK are still faced with the unknown when it comes to managing their supply chains.
As a member of the EU, trade between the UK and the continent has been relatively simple: free movement has enabled EU-based supply chains to operate without tariffs, bottlenecks or delays at the border to consider – but in six months that will change.

Preparing for Brexit without any concrete or specific guidance from the government is a significant challenge, and all firms who rely on imports and exports to and from the EU must prepare for a range of wildly varied scenarios.

From ‘no deal’ to a positive outcome for UK trade to the possibility of a People’s Vote that may or may not include the option of undoing the whole process, it is impossible to know what form a supply chain framework will take in six months’ time.

> Read entire article How can businesses prepare their supply chains for Brexit? | Supply Chain Digital

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