The UK membership of the EU ended on 31st January 2020, however the actual final date for all trade and security agreements is currently set for 31st December 2020. To date, there is still a lot of uncertainty with little time remaining and no concrete plan. Unless the deadline is extended or a deal is worked out between the UK government and the EU, a hard Brexit is looking likely.
A hard Brexit would mean that the UK and EU would apply tariffs (WTO rules) as well as other trade restrictions. In addition, there would likely be delays in transporting goods and bureaucratic challenges relating to differences in standards as well as other obstacles.
Our contingency plans
NCC has taken steps to ensure that whatever the outcome of Brexit is, we have plans in place to manage the challenges and mitigate the risks. We have registered companies in both the UK and Ireland. In addition, to this our transportation and warehousing network enables us to alleviate the potential impact of Brexit regardless of the final outcome.
We have reviewed and analysed our supplier network and are confident that we can continue to deliver the same high levels of service. We also possess significant in-house expertise in smart sourcing in the event that a new supply channel solution needs to be developed and managed.
In the meantime, if your organisation has stock or sourcing concerns in relation to Brexit, we would be pleased to discuss this further and provide assurance and assistance. Simply fill out the form below and we will get in contact.
