Leading up to Brexit, many businesses anticipated some changes to the easy process of transporting goods through the UK. However, the UK's new required guideline to provide a T1 financial guarantee on arrival in Britain was a shock to many EU hauliers and transport companies.
The financial guarantee requirement was not applicable for EU companies before Brexit, as goods usually sailed through British ports before Brexit. Now EU suppliers need to provide a significantly increased amount of paperwork before export in addition to the T1 financial guarantee. Documentation required from EU companies also includes completing mandatory customs declaration documents.
- Topic:
- Warehouse and Logistics
Logistics digitalisation has seen its fair share of teething problems whilst companies adapt and modernise their processes to see that employees and machines work harmoniously alongside each other.
However, there is a way to use technology – even gamification – to increase employee productivity, retention and satisfaction that doesn’t come in the form of a gimmick.
- Topic:
- Warehouse and Logistics