In this guide, we’ll examine how Brexit will affect supply chain operations and what this will mean for businesses that distribute to EU countries through Britain.
How to overcome the distribution problem
It’s anticipated that Brexit will have a significant impact on the supply chains of businesses across all industries. Businesses who distribute into Europe through the UK, are one such group who stand to face huge disruption. One way to side-step many of the challenges brought about by Brexit, would be to partner with an Irish distributor.
As Ireland is a committed member of the EU, businesses operating in this country don’t have to fear losing access to free trade with 27 EU states. What’s more, Ireland will be the largest English-speaking state in the EU post-Brexit. Another major advantage is Ireland’s low corporate tax rate which comes in at just 12.5%.
The infographic below from the team at 2Flow Logistics includes a brief explanation of how Brexit will impact supply chains, reasons why your business should work with an Irish distribution partner, and tips on how to choose the right distribution partner for your needs.