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Brexit: Thinking Ahead

29.08.19

There is a lot of uncertainty facing our country surrounding the as yet unknown implications of Brexit. However, at MARK Product we are confident that we can continue to supply all our furniture as usual up to and immediately beyond 31 October.  

Our approach to manufacturing sustainably and locally as possible, means we are in a good position to weather whatever disruption may be coming our way.  This is because:

a) we have a settled workforce of our own, and in our key suppliers who are either UK nationals or have settled status

b) we do not import any finished products

c) we have built up additional stock of some EU-sourced components equivalent to 6 months normal business

d) at our request, key suppliers are holding additional raw material stock for us, again based on a 6 month supply.

We are not complacent though.  Until we have an indication of the likely deal / no deal scenario, there remains the possibility of restricted supply after the 6 month contingency.  We are reviewing this regularly and have a Brexit risk document which is updated weekly.

MARK Product

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