Johnathan Dudley, Partner & National Head of Manufacturing at National Audit, Tax, Advisory & Risk Firm - Crowe
A key aspect of successful commerce has always been to identify the supply chain for the goods and services required and secure them at the right price. This would then be a key factor in the ability to produce and sell. In short, the art of good selling is good buying.
The combination of the global pandemic, Brexit and the objective to achieve net zero, however, takes this basic idea and complicates it significantly.
Not only will businesses see (if they haven’t already) an interruption in supply or a price rise, but there is and will continue to be a challenge to look into the efficacy of the supply chain. There will be a number of different factors to take into consideration in future rather than just availability and price, though these will always remain key.
Our Crowe 2020/21 Manufacturing Outlook Survey revealed that 67% of those sur...