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17/11/2020 | International, stock management, storage, brexit

International Stock Management: ‘Global Britain’ or ‘Chaotic Britain’?

In January 2021 will it be a Global Britain or Chaotic Britain for your international stock management strategy?

We know currently the ports are experiencing blockages, we know imports and exports are not going to arrive on schedule, and we do know that the government is planning and preparing for all eventualities. The question is, is your company ready?

Here at MRM, as we continue through Lockdown 2.0, we are business as usual - with some extra hand sanitiser and social distancing in place. Looking ahead we would like to highlight some key differences for 2021 that are starting to emerge and how we can all prepare for them.

Christmas Stock Delays and Storage Shortages

Christmas imports and a vast backlog of NHS PPE equipment has started to clog up the UK’s largest port1. Planning and allowing that delivery dates might get extended is key.

Less visible, but just as real is the impact on the available capacity of storage facilities across the country. At MRM, we have a wide range of storage solutions including Long term, Short term, Drop shipping & Secure Storage for high-value items. Don’t hesitate to get in touch to find out more.

Brexit Preparations

The transition period regarding Brexit ends on 31 December 20202. Although not all the details have been confirmed, below are a few points that we believe are worth taking the time to review and assess the impact on you and your company:

  • chances of higher tariffs applied to goods entering the UK from EU countries 
  • reduced trade
  • stricter border control 
  • stockpiling and storage

At MRM we have the expertise and the knowledge to advise and assist. We are already supporting overflow storage for a major utility provider's for engineer parts to be called off in bulk and their main distribution centre is at full capacity, fulfilling PPE replenishment orders for a High Street retailer and managing fulfilment logistics of literature to heathcare providers. We believe planning and preparing are key and the sooner you can inform us regarding your UK and International campaigns the smoother the process. Aim for the best and prepare for the worst, planning and pre-empting will allow your promotions to sail smoothly into the New Year.

Don't hesitate to get in touch to discuss your needs:
E: [email protected] or call Helen on 01858 414 767

 

1.        https://www.bbc.co.uk/news/business-54908129

2.       https://www.lawsociety.org.uk/en/topics/brexit/preparing-for-the-end-of-the-transition-period

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