Following a survey by top European service logistics specialist, Carousel Logistics, it has been discovered that 46% of UK and German manufacturing businesses believe that they have time to prepare their supply chains for Brexit, but require clarity in order to do so.
The survey saw senior logistics and supply chain professionals from 80 multinational organisations from across the UK and Germany questioned and the findings saw 46% of companies believe they will have time to prepare for Brexit.
It was also revealed that half (50%) of businesses still feel that they don’t know all the facts about what is required in terms of the incoming Brexit, with 18% believing that they will not have the time to prepare for the nationwide change.
“Brexit is the latest in a long list of disruptive forces to have shaped the logistics space in recent years, and it’s positive to see that organisations in the UK and Germany are ready to adapt to the challenges of Brexit,” said Graham Martin, CEO of Carousel.
“Nonetheless, many are still desperate for clarity on the specifics of the future relationship before they do put a plan into action. As history has taught us, digitalisation is the key to maintaining and even improving services, within challenging circumstances. A failure to innovate at any time could leave some organisations far behind, and there is a chance that Brexit could widen this gap if action can’t be taken by organisations soon.”
The new research also revealed that 38% of UK businesses believe that due to Brexit, it has meant that their need for better technology solutions has considerably increased, in addition, to almost a third (30%) feeling that it has encouraged their businesses to become more innovative with solutions.