Experts from Cranfield’s Centre for Logistics and Supply Chain Management analysed data on UK and EU companies from data and analytics provider, Dun & Bradstreet, across the Construction, Manufacturing, Finance and Services industries to investigate supply chain risk exposure against four key metrics.
The research suggests that Brexit has had an impact on the management of supply chain risk for the companies analysed.
Key findings of the report include:
- 13% increase in perceived dependency on key suppliers since Article 50 was signed.
- The number of UK-based suppliers has increased, while the number of EU-based suppliers for UK companies has decreased (see graph).
- Foreign Exchange risk has decreased – indicating that UK companies may be increasingly sourcing within the UK or suggesting their suppliers transact in GBP.