Since the UK referendum result on membership of the European Union (EU) in June 2016, laboratory gas generator specialist Peak Scientific has been working to assess and mitigate the likely impacts of ‘Brexit’ on its customers and suppliers under a variety of potential outcomes.
Given the continued uncertainty around the final terms of Brexit, the UK-based business has put in place contingencies to ensure it is prepared and ready no matter the outcome.
Peak Scientific said its chief priority is to ensure seamless continuity of supply and service to each and every one of its customers across the globe, regardless of outcomes and potential short-term effects on customs and international logistics.
“While we continue to hope to hope that a business-friendly deal can be reached, we are reasonably certain that our ability to do business with our global customer base will not be materially affected to any significant degree, even under the harshest exit,” the company reassured.
Brexit mitigation planning
In Peak Scientific’s initial risk assessments, the company has identified a number of key areas of focus for a potential Brexit impact, including:
In a statement, the company said, “Here at Peak Scientific we have full confidence in the skill and expertise of our administrative and logistical teams and their understanding of export procedures to be able to cope with and adapt swiftly to any changes necessitated by Brexit. Our established Brexit project group has fully assessed each area and likely impacts have been evaluated.”
“Furthermore, we maintain close partnerships with a network of leading freight forwarders and agents who have international status. Together we are ready and prepared to adapt and respond to any potential added complexities – short term or long term – that may arise from Brexit in the event of tariffs being introduced on trade between the UK and EU.”
Maintaining excellence in delivery
By maintaining buffer stocks at key locations in North America, continental Europe (EU) and in Asia, Peak Scientific is confident in being ready to maintain ‘business as usual’ delivery in terms of lead times on new gas generator products and in its ability to rapidly support existing end user customers with on-site maintenance support.
Peak Scientific’s standard lead time of four weeks will continue to be assured for the majority of its products. Some infrequent and custom-specified products may require additional lead times (six weeks) as is currently the case.
As part of mitigation plans, in reviewing planned annual maintenance schedules globally, Peak Scientific may in some instances elect to ship service kits directly to end customer sites ahead of schedule, where their equipment service is due in the initial two to four week period after 29th March. This is to ensure there is no delay in performing scheduled maintenance at customer sites where material would ordinarily be shipped from UK close to the service date.
Peak Scientific remains confident in its ability to deliver exceptional service and support for all of its customers around the world in line with its commitment as ‘Your Local Gas Generation Partner of choice’.