As mentioned earlier, European suppliers into the UK have so far seen limited disruption because the imposition of the border checks has been delayed. This situation won’t persist forever, which means it’s vital that UK companies review their supply chains as soon as possible.
Switching to local suppliers or identifying near-shore or secondary sourcing locations, warehousing or distribution facilities may help consolidate supply chains. However, it’s important to remember that switching to local suppliers doesn’t mean your supply chain is truly local or that there is no risk of disruption: for example, a retailer may rely on a wholesaler down the road, but that wholesaler could have many suppliers from the EU.
That means it’s important to engage with every link in your chain now to understand how ready your suppliers are for the new trading environment, and help you identify where potential gaps could appear if any unforeseen events occur.