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Brexit Transition Toolkit: Supply Chain

Brexit’s Impact on Supply Chains

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Over reliance on a large customer or supplier could increase Brexit-related risks. These risks include; disruption to supply chain, shipping timescales, pricing volatility and diversification by your own supplier or customer, potentially leading to a break in supply.

UK businesses should spread their risk where possible and stay close to all key customers/suppliers to gain an insight into their plans and understand their financial robustness. It may be necessary to impose credit limits or other controls.

Actions

  • Assess supply chain risks both from a customer and supplier perspective
  • Consider alternative strategies to spread or otherwise control risks
  • Consider how to resource closer supply chain management / build strategic alliances (e.g. consider sharing unused apprenticeship levy)
  • Look to secure renegotiated contracts with customers / suppliers, seeking to mitigate risks.

If you have any further enquiries please contact our Brexit Team via the below form.












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