Tuesday, 5 July 2016

CIPS and Brexit

CIPS have issued their first guidance on Procurement and Brexit.

TLDR version is don't panic, but do use the standard risk processes to start looking at risks in the immediate, near and further future.

Obviously exchange rates are one of the large initial risks.  After that it is sensible to look at your contracts and supply arrangements and then prioritise where you want to focus your attention.  You may even be able to get a better deal.  You never know.