The Potential Impact of Brexit to Your Supply Chain

The Potential Impact of Brexit to Your Supply Chain

Following on from the very recent vote for Britain to leave the EU, here are our top tips to consider for your supply chain.

  1. Customs Clearance – The re-introduction of UK Customs Clearance is a possibility. We would recommend that you run a health check over your Tariff Codes, ensuring that they are up to date and reflect the commodity you are importing or exporting.
  2. Customs Regimes – If you are operating under any Customs Regimes, now would be a good time to explore what impact the EU vote might have. Are your regimes still valid or do you need to implement new ones? Make sure you pause to understand the impact before you make any changes.
  3. UK Border Enforcement – The potential enforcement of the UK border may well impact transit times through ports and airports. Stay up-to-date with developments to ensure that you limit any effect this may have on your Supply Chain.
  4. Time and Temperature Shipments – For Time and Temperature Sensitive Products, including pharmaceutical shipments, we would strongly recommend you conduct a robust risk assessment for both the security and potential temperature impacts on your products. Longer transit times could mean heightened risk.
  5. Collaboration – Finally, now is the time to ensure that you are communicating and collaborating with all of your supply chain stakeholders – the more dialogue and knowledge you have, the more robust the chain will be.

Change is never easy and the uncertainty of what the future may look like is an added difficulty. Unification of key stakeholders, and a cohesive project plan to mitigate risk and adapt to new legislative and regulatory compliance is critical to securing a safe and effective supply chain.

ASC Associates provide a range of services which could help you navigate the uncertainty that lies ahead. Why not contact us to find out more.

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