Customer Update - Statement on Brexit
dormakaba UK and Ireland have several large warehouse facilities within the UK, where we store and distribute the component and manufactured product that originates from dormakaba plants in Europe, the far east and North America. As the Brexit deadline approaches the plan is to increase stockholding of these product lines to cover potential disruption. We already maximise the supply chain to ship direct to the UK, via containers from the plants outside of Europe, which should not have the same potential for disruption.
The increased stocking capacity at the UK distribution centres will also cover potential disruption at the point of entry to the UK.
Similarly to the above our local cylinder assembly centre in Tiverton will increase stocks of base components to overcome potential supply issues from the manufacturing plants in Austria & Switzerland.
At this point in time we do not envisage any impact on costs that will result in a further increase in our prices, beyond that already advised with our 2% increase effective Jan 1st 2019. However, impacts on currency or additional supply chain charges could mean we need to review this.
We will work actively with all our customers to effectively manage the supply chain and ensure continuity of supply. To this end, the earlier orders can be placed with anticipated delivery dates, the better it will be for all parts of the supply chain.