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CIPs Study - Consumers paying the price of Brexit 12 months ahead of official separation PDF Print E-mail
Wednesday, 21 March 2018
“The Chartered Institute of Procurement’s latest survey highlights the impact of Brexit on UK businesses and their relationships with EU suppliers. Although clarity on the transition arrangements is welcome news, UK businesses must employ a data-driven approach to mitigating risks in the supply chain to increase transparency, optimize cost efficiency and help to quell fears of complications and disruption to their operations. Procurement professionals can harness supply chain intelligence to manage the uncertainty around Brexit and navigate the increasingly volatile market. Data and analytics should be used to gain a better understanding of suppliers, to investigate alternative suppliers, or evaluate existing supplier relationships to identify cost savings and opportunities.”  Chris Laws, Head of Product Development, Compliance & Supply Solutions, Dun & Bradstreet
 

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