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“Procurement already deep into Brexit”
12 June 2017 Emma Keenan, Procurement Specialist
Research undertaken by CIPS has found that a third of UK businesses are drawing up plans to sever cross-Channel supply chains to avoid post Brexit tariffs, a report from Supply Management magazine explains. Firms are also using several strategies to deal with Brexit uncertainty, including renegotiating contracts to deal with currency fluctuations, hedging commodity pricing and pushing supplier costs lower. A report prepared for the European Parliament said without a solid deal in 2019 there was a risk the UK would need to re-join the WTO’s Agreement on Government Procurement (GPA) in order to maintain access to EU public procurement markets. You can read the full article here.
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12 June 2017 
Emma Keenan, Procurement Specialist
