The ratification of the Brexit withdrawal agreement, and the subsequent departure of the UK from the European Union (Friday, 31st January, 2020), may have raised some concerns.
Phosphor Technology assures our clients and suppliers that we expect Brexit to have no immediate impact on our provision of products and services in Europe and the rest of the world and we do not foresee that our clients and suppliers will need to take any active steps pertaining to their relationship with Phosphor Technology.
Although there are uncertainties regarding the future implications of Brexit, we are acting to mitigate associated risks; for example, securing sufficient stocks of critical raw materials and consumables in order to avoid or manage any disruption of supply.
We have examined all elements of our business procedures and protocols, particularly our supply chain, in order to minimise potential disruptions during, and following, the transition period.
Phosphor Technology will continue to work with its existing freight forwarding companies who are specialised and familiar with current import and export procedures and who are able to fulfil the requirement for any new import/export declarations which may be required.
We are happy to confirm that our ability to maintain our supply of high quality materials and services will not be compromised in the post-Brexit environment and we will continue to monitor and adjust to any fluctuations and changes in circumstances surrounding the Brexit negotiations.