Since the United Kingdom (UK) referendum result on membership of the European Union (EU) in June 2016, Dekomed has been working to assess and mitigate the likely impacts of ‘Brexit’ on our customers and suppliers under a variety of potential outcomes.
Inevitably there is still a great deal of uncertainty as the Brexit negotiations take place and therefore our plans are intended to allow for a degree of flexibility in the interim period. Assurances have been made by the Government regarding Brexit, yet it is impossible to predict the final outcome.
We routinely import goods within the EU, accordingly we are well versed in the necessary procedures, already holding and using an Economic Operator Registration and Identification (EORI) number, required to import goods from the EU. We already work with several freight companies who can support us with any extra requirements relating to customs clearance entries.
We are putting actions in place to maintain higher levels of stocks in our warehouse prior to the leaving date based on market demand. Our suppliers are supporting us with the availability of extra forecasted capacity for their products where possible.
Whilst we recognise that there remains significant uncertainty around the eventual political and legal Brexit outcome, based on our understanding today we do not believe that Brexit will generate unmanageable risks for our business.
Dekomed has every confidence in the skill and expertise of our administrative staff and their understanding of import procedures to be able to cope with and adapt swiftly to any changes necessitated by Brexit. We will be able to adapt and respond to likely added complexities from Brexit in the event of tariffs being introduced on trade between the UK and EU.