2.19 Brexit Readiness Questionnaire
TheUK has now granted three extensions to delay Article 50 by the EU and will nowcease to be a member of the European Union on the 31 January 2020. With achange in leadership and Government there is still a risk of a the negotiatedwithdrawal agreement not being signed and a No deal scenario stilloccurring if signed and an EU-UK tradedeal is not put in place at the end of the transitional period on the31stDecember 2020. . Without a Withdrawal agreement this would mean we would leavethe European Union without any transition period.
Camlab will again be looking to address supply chain issues on criticalproducts in the interests of our customers. Since March 2019, Camlab hassignificantly increased its stockholding and freed up warehouse capacity. Completionof the installation of new pallet racking in June 2019 resulted in an increaseof free warehouse pallet space by 23%. A number of suppliers are now using thisspace to mitigate the supply risks of Brexit. We are happy to work with othersuppliers of critical products and discuss the utilisation of available spacein our UK warehouse to hold temporary stock on behalf of others and reduce theimpact of a Brexit ‘No deal scenario’ for our customers.
This questionnaire is designed to assess how our organisation and othershave considered the high level impacts of Brexit to the business, and thecontinuity of providing goods and/or services to our customers. Camlab has sentthis questionnaire to all our main suppliers and is using this to help prepare forBrexit No Deal.
Thisquestionnaire is designed to assess how Camlab has considered the high levelimpacts of Brexit to the business, and the continuity of providing goods and/orservices
2.19 -Has the company carried out an initial risk assessment of the impactsof Brexit against each of the following areas - YES
2.19.1Changes to the customs procedures for both exports and imports following Brexitand possible effects on cash flow and payments processing - YES
2.19.2Possible changes to common standards ceasing to apply following Brexit e.g.EASA and REACH - YES, no initial impact
(EASA ISTHE EUROPEAN AVIATION SAFETY AGENCY. REACH IS REGISTRATION, EVALUATION ANDAUTHORISATION OF CHEMICAL HAZARDS. OTHER COMMON STANDARDS APPLICABLE TO THEBUSINESS SHOULD ALSO BE CONSIDERED)
2.19.3The effects of currency fluctuations and increased cost of manufacture,transport or storage following Brexit - YES
2.19.4Effect on the company's operations caused by changes in the rights to live andwork in a particular State, as well as changes to travel restrictions andthe consequent effect on key staff and resource following Brexit - YES
2.19.5Disruption to the company's supply chain including changes to manufacturinglead times and the vulnerabilities of suppliers and sub-contractorsfollowing Brexit - YES, this is the most likely consequence toaffect customer continuity of supply. Risk assessment done.Actions being implemented to mitigate this.
2.19.6Changes to legal status of the company's certifications, staff qualifications,protection of Intellectual Property Rights and relationships withsubsidiaries and partners caused by changes to regulation followingBrexit - YES
2.19.7Impact of new tariffs and taxes and the company's capabilities to understandand manage these new requirements following Brexit - YES
2.19.8What is Camlab's market share respect to the following regions (Sales Inlast Financial Year) :
184.108.40.206United Kingdom - 88%
220.127.116.11European Union (excluding the UK) - 6%
18.104.22.168Outside of the UK/EU - 6%
2.19.9What approximate percentage of Camlab's production is carried out in each ofthe following regions:
22.214.171.124United Kingdom - 99%
126.96.36.199European Union (excluding the UK) - <1%
188.8.131.52Outside of the UK/EU - <1%
2.19.10What approximate percentage of Camlab's procurement of goods and/orservices is purchased from suppliers from the following regions:
184.108.40.206United Kingdom - 65%
220.127.116.11European Union (excluding the UK) - 10-20%
18.104.22.168Outside of the UK/EU - 10-20%
2.19.11 Does thecompany hold Authorised Economic Operator (AEO) status - NO, we have currently registeredfor a ‘transitional simplified import procedure with HMRC.
2.19.12 Have youincreased your UK stock holding - YES, Critical lines
Request a Brexit Pack or arrange Forward Order
Last updated November 2019