With Brexit now officially triggered, the first quarter of 2017 was plagued by uncertainty. Trade deals are now in limbo which has left many businesses considering how leaving Europe might impact their operations. However, at this point, it is difficult to make strategic plans as we simply don’t know how things will pan out. Given that virtually every aspect of your business could be hit by Brexit in one way or another, where should you focus your attention? What projects should you prioritise to safeguard your organisation from the challenges that lie ahead?
The only thing that we can expect is change. After all, the business environment will look very different once the UK has divorced itself from the European Union. Consequently, organisations must now take action to gain greater control of their supply chain in order to minimise risk factors such as excess stock while still maintaining (if not improving), customer satisfaction.
We have outlined three potential supply chain improvement projects to help prepare you for the future and realise your business objectives for the rest of 2017!