Supply chain challenges continue to hold back business growth says new report

Published: 6th June 2023

Failings and opportunities in the UK supply chain are highlighted in a survey of 500 medium-sized firms by accountancy firm BDO.  Finding include:

Government should give tax cuts to firms “working with domestic suppliers and/or partners”, according to a fifth (21%) of companies surveyed.

• 36% said supply chain pressures are a greater concern for them than cost increases and workforce challenges.
• 50% said they will focus on onshoring as much of their operations as possible in the next 12 months.
• 21% say UK costs are too high.
• 20% say the UK has no suppliers with the capability they need.

The findings are the latest illustration of the gaps and opportunities in the UK supply chain. 

The BPF will continue to promote the capabilities of our members; and to urge the government to do more to promote awareness of UK suppliers and their international competitiveness.

View Report :Supply chain challenges continue to hold back business growth - BDO