1、14/09/2022INDEPENDEN T P U B L I C AT I O N BY#0826R AC O N T EU R.NE TJoin ISNYour supply chain can make or break your ability to meet ESG objectives.Partner with a supplier management platform that helps you gain insights and build effective relationships throughout your value chain.SUPPLY CHAINRE
2、SILIENCESTRIKING STAFF THREATEN SUPPLIESHOMEMADE CHIPS:FIXING THE SHORTAGES0805BUILDING RESILIENCE IN GLOBAL SHIPPING16R A C O N T E U R.N E TS U P P LY C H A I N R E S I L I E N C E0302eaving the EU meant the end of free trade between Britain and its European neighbours,along with an end to the fre
3、e movement of goods,services and people.For many companies,especially manufacturers that rely on European partners for compo-nents,this has led to inevitable sup-ply chain upheaval.John Breen,geopolitical consult-ant for strategic advisory firm Sibyl-line,says the main challenges for manufacturing b
4、usinesses in the wake of Brexit include trade barri-ers,exacerbated labour shortages,increased logistics costs and tariffs.“Brexit is having a negative impact on UK export-focused industries like manufacturing,”says Breen.“The new customs rules as of January 2022 have increased operating costs for U
5、K manufacturing industry.”Increased costs and paperwork are the main effects on supply chains for manufacturers who import compo-nents from the EU,as well as those who did enjoy free access to EU mar-kets for export.Breen says this is significant because the EU accounts for 42%of all UK exports,so e
6、xtra costs on the distribution side of the supply chain are unavoidable for British manufacturers.“In goods alone,the majority of the UKs top 10 export and import part-ners are in the EU,”says Breen.He adds that the UK services sector“has not experienced as much disruption to date as London remains