Customer Update - Statement on Brexit
dormakaba UK and Ireland have several large warehouse facilities within the UK, where we store and distribute components and manufactured product that originates from dormakaba plants in Europe, the Far East and North America. As the Brexit deadline approaches we have increased 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 cylinder assembly centre in Tiverton has increased stocks of base components to overcome potential supply issues from the manufacturing plants in Austria & Switzerland.
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.
We are taking appropriate actions in the event of a ‘No Deal’ Brexit. We are awaiting further guidance from the government before acting on issues such as tariffs, freight, certifications, licensing etc. When there is further clarification around these issues, we will issue an updated statement.
At this point in time we do not envisage any impact on costs that will result in a further increase beyond our regular annual review effective Jan 1st 2021. This has been advised in early October 2020. However, should GBP significantly fall against the major global currencies, this will have to be reviewed.