How Will Brexit Effect The UK Automotive Sector? — Future Insights Network Contingency Plan For Automotive Industry
Contingency plan for automotive industryInitiative highlights contingency preparing minefield, with alterations to regulations, onerous customs processes, tariffs and restricted access to talent among complex challenges facing sector. There are historic, structural reasons why the automotive sector will be specifically tough hit by customs, border and trade problems. It is a truly international business, by way of the worldwide attain of key makers into hugely interconnected provide chains and capabilities networks. Production, of course, centres on Just in Time and associated philosophies, with an agile, frictionless supply chain critical to its effectiveness. As a single automotive leader told me lately, a delay of just a couple of minutes for components at the border can have a profound (and expensive) effect on production. The nightmare scenario of significant border delays would price millions in the sector.
E. Brown’s experience in the automotive industry contains senior management positions with Brownlee Riota Motors U.S.A …
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