Brexit will have an impact on most supply chains.
This article is intended to help you identify where your key
risks are and what you should do. We focus on UK businesses which
trade with the risk of the EU, but we also comment on trading with
the rest of the world.
Currently it is unclear what Brexit means and when it will
impact. Current credible options include a hard Brexit, a soft
Brexit or even no Brexit. Brexit could impact businesses as early
as 29 March 2019 (when the UK will leave the EU), or it could take
place on 1 January 2021 (if the UK and the EU agree on the proposed
transition period) or if the UK and EU agree it could be some other
time.
This means businesses need to plan for both a hard Brexit and a
soft Brexit - with a hard Brexit presenting the most risk of change
to supply chains.