Services

Stock Unwinding and Working Capital Optimisation

A no-deal exit on 12 April was averted and many businesses are relieved. But there is still no certainty. Instead there are potentially two new dates for business to plan towards - 31 May and 31 October - and a third possible date, in the event cross-party talks are successful and the Withdrawal Agreement is agreed.

This new window of time does allow businesses to re-consider their Brexit strategies, including refining contingency plans. If your business only had time to implement tactical measures, there may now be time for strategic action - applying for AEO status, reviewing and reinforcing legal and contractual positions, restructuring with the protection of existing European Directives, undertaking a detailed supply chain and logistics mapping exercise. One of the more pressing issues for businesses to manage right now, however, is stockpiles.

Those that stockpiled inventory in preparation for a no deal, are now faced with having to decide what to do with it. ‘Brexit’ stock is taking up space in warehouses, tying up working capital and impacting cash flows. Deloitte has a proven approach for proactively managing inventory and optimising working capital using digital accelerators and tools.

For more information on how Deloitte can support your business, click here.

Key contacts

Ian Washington

Ian Washington

Partner

Ian is the lead Partner for the Local and Regional Government Practice. He has over 20 years’ experience in advising public sector organisations. He specialises in supporting clients through large sca... More

Amanda Tickel

Amanda Tickel

Head of Tax & Trade Policy

Amanda is Head of Tax & Trade Policy for Deloitte UK. She leads a team undertaking analysis and preparing insights across the spectrum of tax and trade matters including Budgets, technical consultatio... More