Archive for the ‘Brexit’ Category

I’m sure that your SWOT analysis has this down as an external threat already, but having just returned from a local Chamber economic review session here in South Yorkshire I thought it might be useful to share with you what we might have to contend with when we get to that part of the meeting where we review factors that could have an impact on the QMS.

thinkstock brexit
photo courtesy of BBC/ Thinkstock

Things offered for consideration on the agenda might be (without liability until everything is clarified of course):

  • Checking employees who might need help with the Settlement Scheme for themselves and/ or their partners. Some companies were even prepared to pay the £65 fee in order to ensure there was minimal disruption but fortunately the fee was rescinded on January 21st.
  • Accepting that recruitment will be more competitive in relation to attracting the required skill sets so perhaps considering a revised strategy , say collaborating with local organisations more and bringing them through the ranks.
  • Being aware that CE marking will not be valid until an equivalent UK based authorising body is set up. Likewise new IP/ patent applications would need a separate UK based authority.
  • Custom declarations may need IT upgrade to generate the increased level of documentation if you currently trade with only the EU. You would be more familiar with all this if you trade beyond the EU already of course
  • Review your logistics, transport and supply chain. Make your contracts Brexit proof going forward and strengthen any arbitration clauses for example. Certainly consider the impact if you operate a JIT system.
  • Review any contracts with suppliers and customers especially if they contain specific arrangements for territories and currencies.
  • What would be the impact of (hopefully) short term currency fluctuations and don’t forget how it might impact on pension funds as well as the business.

All worth a look at where relevant and don’t forget the Government has issued a raft of technical notices and there is a support pack from the HMRC.

As if the agenda wasn’t long enough already I hear you say! Why not let us know how you get on? As always, more good support material on my web site by clicking here http://www.iso9001supportcentre.com