20th
December,
2020

Buffer Stock Boost for Brexit

Article Image

 

With ongoing uncertainty regarding Brexit, extensive worst case scenario preparations have been made at Carl F Groupco to protect hardware supply, including a 25% increase in stock levels.

The company has liaised with its major EU manufacturer partners including FUHR and Roto to ensure buffer stock to support sales. An additional 600,000 Euros of FUHR and Roto stock is being sourced, which will be delivered before 23rd December to avoid issues at the ports in January.  

Carl F Groupco observes that all hardware supply chains are under pressure globally, not just EU based manufacturers, due to a post lockdown boom, shipping challenges and delays at ports for products from the Far East. Commenting on the rigorous pre Brexit plans being made by Carl F Groupco, Managing Director, John Crittenden said:

“Unfortunately, we are not immune to what you hear on the news, but supporting our customers’ production requirements through Brexit has 100% of our focus. We have all the necessary licences in place with our transport partners and HMRC to ensure we can clear customs without delay and our logistics providers are confident they are prepared. For UK supplied products including ASSA/Yale, MACO, Hoppe and Siegenia, we plan to add additional stock of high volume products. If for any reason we do not have stock of requested hardware, we will look to offer a suitable alternative. “

Additional racking was installed ahead of the first Brexit deadline in anticipation of increased stock holding and lorries will arrive almost daily during December at Carl F Groupco’s distribution centres in Peterborough and Cumbernauld to ensure shelves are stacked and prepared for 2021.