There is no denying the fact that the UK economy will be facing a rocky road over the coming months – yet with every cloud there is always a silver lining.
Many UK based businesses may have taken a short term hit in recent weeks, yet for those that can weather the storm there are likely to be new opportunities emerge. Companies are reviewing their supply chain management, according to the Construction Performance Index Survey:
“62% state that they will revisit supply chain and look for more locally produced products in future.”
Despite the relaxations in lockdown restrictions allowing certain key sectors to return to work, the next challenge will be in re-establishing reliable supply chains – especially for those who may previously have imported materials and products from abroad. With ongoing international restrictions and inconsistent, unreliable deliveries, many may now need to look to more local providers.