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Look under the surface: Brexit’s hidden issues for buyers and suppliers

Look under the surface

Indirect Brexit impacts on your business could be costly and brand-damaging. Paul Crayford sets out the risks – and opportunities – for suppliers.

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paul-crayford

Director, Operations Consulting

KPMG in the UK

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 Look under the surface: Brexit’s hidden issues for buyers and suppliers - Iceberg illustration

Even with the recent agreement on transition, there’s still uncertainty about the final outcome of any UK-EU trade deal. You’re sure you’ve covered all bases with your Brexit response plan. But what about your suppliers – and their own suppliers further down the chain? How much do you know about how ready they really are?

And if you’re a supplier, what actions are your corporate customers likely to take as Brexit rapidly approaches?

In this article our supply chain and procurement experts explore:

  • Possible hidden risks – anything from contracts exposure, to customs issues to people challenges, due to the loss of EU nationals
  • The urgent questions corporate customers should now be asking their suppliers
  • And vice versa…
  • How acting now will give businesses a clear competitive edge

© 2020 KPMG LLP, a UK limited liability partnership, and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative, a Swiss entity. All rights reserved.

KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

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