Make sure your supply chain has sufficient stock for Brexit with these tips
2020 has been a challenging year for supply chains. Covid has required changes to operating processes and panic buying, while Brexit has increased uncertainty over tariffs and processes for transporting goods.
To reduce the risks related to Brexit many businesses are looking at stocking goods to ensure they can meet requirements in the key markets that they do business. Strategically stocking products requires the right bulk storage locations and the ability to be able to access products quickly and cost-effectively.
Here are some important tips to make sure that you are managing your supply chain ready for Brexit:
Track, manage and optimise
The greater the uncertainty, the more important it is to be able to adapt to changes and this can only be done if you know what stock levels you have in different locations - whether that’s in transit or being stored.
Using software to track and manage stock levels ensures that you can quickly react to customer orders and changes in forecasts.
Think about location security for warehousing. When storing valuable goods, it’s important to make sure that the location is secure. Does the location have security including CCTV and tracking of goods?
Just ‘dumping’ goods in a warehouse that has no security can cause financial issues as well as the stress of having to deal with replenishing stock if anything is stolen or goes missing.
At Broughtons Transport, we provide high-level security in all of our storage locations including CCTV. We also use a computerised stock control system to track the exact location of goods as well as live stock levels.
Every item or package is tracked upon arrival and departure and the system is updated immediately so that you never lose track of where goods are!
Large capacity storage warehouses
Ensure you have sufficient capacity. It’s easy to say this when there’s uncertainty. You might forecast and add stock to your storage facilities, thinking that you have the capacity, only to find out that it’s not enough, but there are a few ways to ensure you can manage any increased demand.
Firstly, make sure you are prepared by having a knowledge and understanding of where other storage locations are so that you can react quickly. This means that you can use those locations quickly, without having to spend time researching possible storage facilities (as you have done it already!).
Another option is to partner with a company that provides that scalability quickly and easily. At Broughton Transport, we have access to over 40,000 square foot of storage warehousing that you can use and that we are able to transport to and from immediately.
All facilities offer secure commercial storage (with a full pick/pack facility if required). We also offer over 3,000 racked pallet locations and can offer delivery services directly from our facilities to the final destination, giving you a complete storage and transport solution.
Need help managing your supply chain?
We can’t control external factors such as Brexit negotiations or trade deals but we can control how prepared we are during uncertain times and, by partnering with Broughton Transport, you can be better prepared for success.
To find out more about our storage and transport solutions, get in touch. We will work with you to understand your requirements and make sure that your storage and logistics are optimised for 2021.
Call us today on 01225 700 647 to find out more.