Powrmatic & Brexit Statement
You will be aware of the uncertainty which currently surrounds the Brexit negotiations and may have concerns in respect of continuity of supply.
Powrmatic has taken the opportunity to review its supply chain for both components and raw materials and is deploying a strategy which, so far as is practical, will aim to mitigate possible disruption.
The steps taken include –
- Engagement with key suppliers and other stakeholders who have a European Community manufacturing or distribution bases so as to establish their Brexit strategy and to seek obligations in respect of adequate stock levels across the Brexit period.
- Putting aside the additional resources considered necessary to increase United Kingdom held inventory levels in respect of key components sourced from within the European Community.
- Additionally, putting aside resources in respect of increased stockholding of finished goods.
We wish to reassure our partners of our ongoing commitment to continued trade within the United Kingdom, the European Community and other export markets.
Should you require any further information please do not hesitate to contact us.