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Brexit: be ready to act

In an article published in Raconteur’s Future of Procurement report, Daniel Peck and Phil Woode discuss what procurement teams must do to ensure they are ready to react to all eventualities after the UK exits the European Union. They suggest that public and private sector organisations should use these crucial few months while the terms of the Brexit deal are being agreed to get on the front foot. They should assess their risks and draw up contingency plans that will enable them to respond to what the next few months might bring.

 

Getting back on track: transforming the supply chain at a major rolling stock manufacturer
Case Study
Getting back on track: transforming the supply chain at a major rolling stock manufacturer

A major rolling stock manufacturer had recently opened a greenfield manufacturing facility in Northern England, a major success for the industry, region and manufacturer.

CFOs’ role mitigating procurement risk in a challenging global trade environment
Insight
CFOs’ role mitigating procurement risk in a challenging global trade environment

Business supply chains are under increasing threat from the current global geopolitical situation. CFOs are ideally positioned to foster dialogue with procurement and the wider business to mitigate risk and protect long-term profitability.

How to win buy-in for supplier relationship management
Insight
How to win buy-in for supplier relationship management

Efficio’s SRM methodology is proven across sectors and tailored to your individual requirements and priorities.

Three key steps to getting Brexit ready
Insight
Three key steps to getting Brexit ready

With Brexit looming, businesses should be using these crucial few months to assess the scale of the impact on their supply chains namely existing contracts, sourcing strategies and current suppliers.