But for others, the shift from a distributor model to importer/exporter has been a challenge. This hasn't been helped by certain IT system not working as planned.
1/ Quick thread. At the end of the third week of Brexit being "done", I can only say that I'm exhausted.
Immediate pressures on companies who have been trading goods have been on grappling with all of the new customs and regulatory requirements.
But for others, the shift from a distributor model to importer/exporter has been a challenge. This hasn't been helped by certain IT system not working as planned.
Some are, but many others aren't.
Worth noting that freight volumes are still below average. But stockpiles are running low, coming weeks are going to be interesting.
First, many businesses are facing the largest shift in their cost base in a generation.
This is something that is going to be something that will continue to play and play in the weeks and months ahead.
For many, the answer will be no. So what do they do as a result?
The other (worse) possibility is to stop trading.
https://t.co/IMDCu9g2mK
Supply chains are going to shift as a result and is deeply complex.
But that's just one example
Absolutely not.
One such example: due to the pandemic, business travel isn't happening. All the changes that are coming down the line in the activities which individuals can carry out while in the EU has changed.
More from Brexit
1/ A challenge in parsing Brexit news is that businesses are facing overlapping types of challenges that can be difficult to separate.
The key questions are:
1⃣ Given the model of Brexit chosen, could this have been prevented, and by whom?
2⃣ Can it get better?
2/ To put those another way:
"If you knew everything you needed to know and did everything right, is your existing business and delivery model still viable and competitive?"
The answer to that question determines if for you the problem is Brexit, or how Brexit was delivered.
3/ Some of the challenges at borders could have been prevented while still having the exact same model of Brexit (No Single Market, No Customs Union, but an FTA).
That they're appearing is an implementation failure and you can fully support Brexit but still be pissed about them.
4/ Examples include:
1) Government guidance and IT systems being ready earlier and/or easier to navigate;
2) More support for businesses, and more affordable bespoke help;
3) More time to prepare and better government communication about what preparation actually requires.
5/ This thread you've all seen from Daniel Lambert the wine merchant (primarily) deals with problems in this category.
There's no policy reason he can't export his product, but the procedures are a nightmare to navigate and he's badly under-supported.
The key questions are:
1⃣ Given the model of Brexit chosen, could this have been prevented, and by whom?
2⃣ Can it get better?
#Brexit & #fishing: True to their word, it looks like British #seafood exporters are taking their concerns around #trade to the streets of London #Brexality pic.twitter.com/CIqmDQR69d
— Bryce Stewart (@BD_Stew) January 18, 2021
2/ To put those another way:
"If you knew everything you needed to know and did everything right, is your existing business and delivery model still viable and competitive?"
The answer to that question determines if for you the problem is Brexit, or how Brexit was delivered.
3/ Some of the challenges at borders could have been prevented while still having the exact same model of Brexit (No Single Market, No Customs Union, but an FTA).
That they're appearing is an implementation failure and you can fully support Brexit but still be pissed about them.
4/ Examples include:
1) Government guidance and IT systems being ready earlier and/or easier to navigate;
2) More support for businesses, and more affordable bespoke help;
3) More time to prepare and better government communication about what preparation actually requires.
5/ This thread you've all seen from Daniel Lambert the wine merchant (primarily) deals with problems in this category.
There's no policy reason he can't export his product, but the procedures are a nightmare to navigate and he's badly under-supported.
Over the past 15 days I have not only been running my company as normal but I have been faced with largest threat to its future since it began in 1992. This is #Brexit & here is my thread on just how bad things are getting. 1/26
— Daniel Lambert (Wines). \U0001f1ea\U0001f1fa\U0001f1eb\U0001f1f7\U0001f3f4\U000e0067\U000e0062\U000e0077\U000e006c\U000e0073\U000e007f\U0001f347\U0001f942 (@DanielLambert29) January 16, 2021