Brexit affecting packaging company GWP Packaging
GWP Packaging, a packaging manufacturer, has completed their third warehouse in Cricklade, Wiltshire.
The extra 10,000 sq ft of space gives the company space for another 950 pallets to store finished packaging products for their customers. This space will help the company to continue its growth throughout the south-west and beyond by improving their ability to supply and distribute their packaging products. The currently unknown outcome of Brexit is also playing a part in their use of the new warehouse.
James Pedley, operations manager at GWP Packaging, said: "One of our key services is to hold our customers stock, and to supply it to them on a ‘Just in Time’ basis. This frees up their warehouse space, reduces their associated costs, and also allows us to monitor stock levels and manage peaks in demand for them too.
"Around 80 percent of our customers have us manage their packaging inventory for them, and with continued growth over the last 24 months, we have needed to increase our storage space in order to maintain the success of this service."
Ruth Cook, managing director at GWP said: "Many of our customers are nervous regarding the uncertainty of Brexit, and what it could mean for supply of goods and services – including packaging – to their business.
"One of the steps we are taking is to increase our buffer stock of raw material and finished product, and the additional space provided by the new warehouse will be a great help with managing this."
Source: Insider Media
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GWP Packaging is not the first or the last company to react to the potential effects that Brexit could have on the “Just-in-Time” supply model. The manufacturing, engineering, retail and consumer goods industries are particularly at risk. Countless companies have been stockpiling what they can for several months, and voicing their concern if they are too small or their product too perishable to do so. At the time of writing this post, 13th December 2018, the day after Prime Minister Theresa May survived a vote of no confidence, the outcome is still very far from clear.
However, some things remain the same even in uncertain circumstances, and one of those is the vital importance of monitoring time and attendance accurately in a warehouse environment!
It is vital to have a reliable method of knowing when the workers are coming and going because the supervisors cannot be expected to recognise the often transient workforce over the full expanse of large sites.
If staff work on a production line or in packing or another sector with very tight time constraints then it is vital that management know if someone is turning up late or leaving early, as this will affect productivity levels.
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