WOLVERHAMPTON, England—MacLellan Rubber is increasing stock levels at its warehouse in anticipation of Brexit-driven supply disruptions.
The Wolverhampton-based supplier of rubber sheeting and products published an Oct. 8 statement outlining its provisions for the departure of the United Kingdom from the European Union, which will take effect March 2019.
As part of the measures, Andrew Onions, director at MacLellan Rubber, said the company has increased stock levels substantially at its warehouse and distribution center in Wolverhampton to mitigate any risks of supply issue.
This would also allow for a notice period in terms of costs, which could significantly rise due to further devaluation of Sterling against the Euro. The company is also in talks with its customers to understand stock requirements and forecasts.
The firm said it was holding regular discussions with is manufacturing partners based in Europe and world-wide concerning future trading relationships.
Such discussions, it said, aimed to minimize import duties & taxes and delays as a result of extended shipping times and additional export documentation.
MacLellan Rubber confirmed that it would remain compliant with any new or existing standards & approvals including BS, EN, ISO, DTD, Mil and ASTM, irrespective of Brexit. The company also said that it intended to stay compliant with REACH Regulations for the foreseeable future.