PWC: British industry can’t ‘wait & see’ on Brexit
27 July 2018
The financial auditor says ‘from a supply chain perspective, businesses need to understand in detail how they buy and sell products and services from around the world’.
The advice comes as leading 3PL Wincanton announced a partnership with PwC’s supply chain advisory practice, to help customers ‘take advantage of the opportunities’, as well as manage ‘risks associated with Brexit’.
Johnathon Marshall, Partner at PwC, said: “Brexit is not something that British industry can take a ‘wait & see’ view on. By working alongside Wincanton, we aim to help their customers model the impact of new supply models on service, cost and operational capabilities so they can best adjust to the new operating environment.”
Wincanton says it is the first 3PL to offer strategic planning support to its customers. The approach takes into account all possible outcomes of Brexit negotiations, including a “no deal” scenario.
Adrian Colman, CEO at Wincanton, explained: “What this means for our customers is that we can offer help on a strategic and operational level, and we can offer it now.
“Another benefit for our customers is that Wincanton holds Authorised Economic Operator (AEO) status, which gives quicker access to certain simplified customs procedures and in some cases the right to ‘fast-track’ your shipments through customs.”