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Britain'S Europe Lifted The "Extreme Storm" Of Supply Chain

2019/10/10 16:18:00 0

Supply ChainExtremeStorm

Industry insiders say that No Deal Brexit may cause confusion in logistics and supply chains. The British people expect panic buying and hoarding of goods before the official departure from Europe in October 31st.

Although the passage of the bill is illegal, the "no agreement to withdraw Europe" is likely to become a reality at the end of October. After weeks of chaos and controversy, the new study on IMHX, the logistics industry in Britain, pointed out that nearly 2/3 (63%) of the logistics industry and supply chain managers predicted that the British people would panic buying and hoarding goods in the UK before leaving Europe.

As Britain is about to withdraw from the EU, key issues such as customs control procedures, GDP weakness and bureaucratic intensification will lead to technological shortages, rising costs and panic buying panic among consumers.

About 79% of people worry about the extra time cost of transporting goods into and out of the UK. 77% of them worry that British bureaucracy will aggravate when handling import and export procedures, while 59% worry about customs and import control procedures.

About 70% said that increasing the use of automation and artificial intelligence and robots would be a good thing for the logistics industry, and provide an appropriate solution for the current shortage of technology in the UK, while 82% said that the rise of e-commerce was the culprit of killing the shops, showing that the electricity suppliers had caused the extinction of the popular street brands and added additional pressure to the logistics and supply chain infrastructure.

Rob Fisher, director of IMHX activities, said: "lack of clarity and uncertainty has caused Britain to suffer from Europe and continue to cause anxiety in the logistics industry. Although the passage of the bill was found to be illegal, the "no agreement" could become a reality in October 31st. If this happens, the logistics and supply chain industry is expected to have a chaotic prospect of panic buying and grain storage and other livelihood materials.

"The logistics industry is the main pillar of the British economy and the key to maintaining the survival of the retail industry. The retail industry is the largest employer in the UK private sector. If anyone knows what they are talking about and what these people do, I fear that their worries are very reasonable. "

Peter Ward, executive director of UK Warehousing Association, said that the date of delaying the euro could not happen at a worse time. We have clear evidence of grain storage and other commodities. At this time of the year, the traditional shopping peak will be habitual and even more intensified during Christmas. Now it also includes Black Friday and Cyber Monday shopping season, Friday.

"During this period, it is always challenging not only to store the available space, but also to recruit and retain the additional labor force needed. Since the referendum, the Brexit and the Brexodus caused by the Eastern European immigrants from the industry have further exacerbated the situation. In view of the serious lack of storage system for consumers who use technology driven, online shopping, frequent shopping and shopping volume, British off Europe is causing a stormy storehouse and logistics industry's ultimate storm. Brexodus is the combination of brexit and Exodus. Exodus means leaving.

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