Rethinking supply chains in a time of uncertainty

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Many British businesses, along with the UK operations of multinationals, depend heavily on imports from the European Union (EU) and are closely integrated with EU-based suppliers. Indeed, the EU accounts for 54 percent of all goods imported into the UK. We interviewed executives at about 50 firms across the UK, who told us that Brexit has injected considerable uncertainty into their supply chains. The uncertainty will not be short-lived: it is likely to persist for a decade or more, and will add to existing volatility and vulnerability in the supply chains of many industries.

Rethinking supply chains in a time of uncertainty