So many of Polestar’s clients share the confusion over Brexit and supply chains. So, I thought I would see what the fine folks at McKinsey have to say on the subject. And the answer, as ever, is lots. Do see the report outlined below.
A key message is that whatever the eventual outcome of Brexit, companies can and should see the current high-uncertainty environment as a prompt to rethink their supply chains and so make them more resilient. For many firms, there is a big need to update supply chain strategies, bring greater flexibility to their operations, and build new structural agility into their organisations. Pioneering companies in the UK and internationally are already adopting those approaches to deliver real improvements, including revenue increases of at least 3 percent and capex reductions of around 5 percent.
Often, these will need significant investment by a firm in technology, hardware or equipment. There is often a funding solution for each of these which one of our team can talk through with you.
Whatever the eventual outcome of Brexit, UK-based companies can and should see the current high-uncertainty environment as a prompt to rethink their supply-chain strategies and operations