Agility key to your Brexit strategy

I don’t want to get bogged down in personal opinion on Brexit, or linger too long on predictions that are almost impossible to call. But I will quickly present the situation as I see it.

Brexit won't have any regulatory impact for two years at least and is unlikely to deliver an economic shock to the UK, as it is almost inconceivable the Government will fail to negotiate some sort of viable trade deal with the EU. So there is certainly no need to panic.

However, there will be some price to pay to access the EU club as a non-member. The price is the key and that may manifest itself in many and varied ways. For an example of one such potential cost, read Ian Stansfield's comment in our lead story regarding duties on goods imported to the UK for re-export to the EU.

So how best should you position yourself? As with all disruptive forces, there will be winners and losers. Just look at online retail – the major disruption caused by changing consumer buying habits has effectively created a new industry of online retailers, but not without trashing much of the old retail world that could not adapt. Agility is the key.

Businesses, and logistics operations, will need to be able to adapt. Equally it is important not to retreat into over-caution, and to continue to embrace the many opportunities that will unfold over the coming years.

I would urge readers to get involved, either directly or through industry bodies, and make it clear to politicians how important the logistics industry is to the running of UK plc, and what you need to ensure the logistics industry continues to be the effective strategic asset underlining the strength of the UK economy.

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