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rging ahead, thesevitital relationships across theEUcouldbe at risk.Nick Nick Davies, head of soſtware developlopment at OGL Computer, explains someof the challeng


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A recent survey commissioned by OGL Computer of 255 managers of wholesalers and distributors in the UK reveals that insecurity around Brexit is the key fafactor affe company profitability, with 47%of respondents citing it


42 | elecelectricalwh wholesalerFeb Fe ruebruary2020 gest economy my,


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As electricalmachinery and appliances are one of the top ten goods imported fromthe EU and exported to the EU fromthe UK, trade will be impacted significantly, to the tune of £6.4 (export) to £11 (import) billion. The effe


ffects of Brexit have already been fefelt by both sides, with the trade deficit widening in the 12months to June 2019 and imports of electrical machinery fromEU countries fafalling by £2.9 billion. So, befofore the UK leaves the European Union, an agreement needs to bemet. Tw


Two proposed ways of doing this could be through the SwissModel, which would include the UK negotiating extensive bilateral agreements ffo


or certain sectors within the EU, or the FTA


th an


TA andWTO TO. TA Approach, which will be


muchmore complex, due to the individual import duty agreements d the standards surrounding themanufafacturing of goods set by e FTA


Although a Hard Brexit (without any deals in placewith the EU) is lookingmuch less likely, it is important that electricalwholesalers and distributors have started preparing fofor Brexit and don’t delay any longer,r, if they have not.


One way to prepare is through implementing an ERP solution, such as prof.f.ITplus, that will enable distributors to capitalise on trends and push best-selling products. ERP refefers to a suite of integrated softftware that businesses use tomanage day-to-day business activities, such as sales order


ewnews.co. ew o.u.uk


forelectrical after Br xitexit


as a top three reason, fofollowed by employee costs (44%) and inaccurate data (38%).There are fivemain challenges that electrical wholesalers are likely to faface fofollowing Brexit.


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