UKWA is working alongside national research organization Ipsos MORI to investigate Storage capacity and expansion of the UK warehousing sector, vital research that will help the Government in planning for Brexit.
UKWA CEO Peter Ward explains, “UKWA expects an upsurge in demand for warehousing as a result of Brexit, whatever the outcome. It is natural to assume that supply chains will adjust to the possibility of interruption, brought about by the likely requirement for some form of customs declaration, by increasing stock levels, both in the short term and foreseeable future.
We are working with the Government to help find solutions, which may involve amendment to existing policy to allow for a greater level of customs processing and/or inspection at inland locations.
On behalf of HM Revenue and Customs (HMRC), UKWA has been asked to assist in assessing existing storage capacity, utilisation rates, and the potential for UK warehouse operators to expand services, particularly to deal with exports and imports.”
The largest UKWA members have already been invited to provide feedback to Ipsos MORI regarding warehouse capacity across the UK. If any UKWA members not yet approached would like to take this opportunity to feed into future policy and help Government to understand the potential business opportunities for warehouse operators, they should contact the Association for more information.