PPMAGroupnews-issue6_v2 copy

Deal
or no
deal?
business intelligence
It’s been more than two years
since the UK voted to leave the
EU on 23 June 2016, yet the future
is still uncertain. We may now
have more detail over the Brexit
timeline – negotiations must be
completed by 31 October 2019,
before we enter a transitional
Brexit period on 29 March 2019
and a new political relationship
between the UK and the EU
officially begins on 31 December
2020 – but just how it will affect
our manufacturing, engineering
and automation industries is
unclear. With no certainty yet over
trade tariffs, freedom of movement
for workers, or safety legislation,
what could be the impact for British
manufacturers?
“Businesses should consider other ways through which they
can improve the efficiency of their supply chain, such as by
embracing new technologies and automating processes. In the
end, businesses that fail to plan ahead and use this opportunity
to reduce costs in their supply chain may not survive
post-Brexit.”
John Glen, Economist, Chartered Institute of Procurement & Supply (CIPS)
Fresh pickings
99
Percentage of seasonal workers on fruit
and vegetable farms that come from
Eastern Europe
(National Farmers’ Union)
0.6
Percentage of seasonal workers on fruit
and vegetable farms that come from
Britain
(National Farmers’ Union)
29
Percentage of vacancies on fruit and
vegetable farms left unfilled during the
harvest month of September 2017
(National Farmers’ Union)
Rising costs
1/3
Proportion of UK businesses with EU
suppliers that have increased their prices
as a result of Brexit
(CIPS)
60
Percentage of UK businesses with EU
suppliers whose supply chains are
now more expensive due to currency
fluctuations following the Brexit vote
(CIPS)
£4.5bn
Estimated cost in tariffs of a no-deal
Brexit to the motor industry
(Society of Motor Manufacturers and Traders)
4 www.ppma.co.uk