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BREXIT STATEMENT

I would like to inform you of the measures that Exertis Hammer has taken to ensure that the transition through a deal or no-deal Brexit will be as simple and painless as possible. Through the steps we have taken, we believe that our strategy will allow business between our UK head office, our regional offices, and our partners within and outside the EU to continue as normal, with little to no disruption whatsoever.
 
We have conducted an analysis of foreseeable Brexit risks, and are determined to embrace the challenges of Brexit, to ensure we are best placed to continue to provide all of our partners with class-leading distribution solutions, whatever the final outcome. In particular, we aim to achieve the maximum degree of business resilience in the unlikely event of a no-deal Brexit.  In order to ensure that our business remains sustainable, we have initiated a range of risk mitigation actions designed to deliver the best possible outcome if the UK leaves the European Union.  
 

  1. Continental European infrastructure and premises
    As part of the technology division of DCC Group, Exertis Hammer benefits from access to significant continental European infrastructure and premises, providing a range of logistical options for servicing our partners efficiently. Exertis Hammer currently has multiple warehouse options within the EU and a new production centre being designed in Poland.
     
  2. No extra duty or tariffs
    None of the products sold by Exertis Hammer are subject to World Trade Organisation (WTO) tariffs. This means that our customers will incur absolutely no extra duty or tariffs. For more information, please visit the WTO website here
     
  3. Authorised Economic Operator status
    We have obtained Authorised Economic Operator (AEO) status. This is effectively a fast-track way of exporting goods across borders. AEO status is an internationally recognized quality mark that shows Exertis Hammer’s role in the international supply chain is secure and that our customs controls and procedures are efficient and meet EU standards. The benefits of our AEO status are consignments being fast-tracked through customs control and reduced requirements for the mandatory pre-arrival and pre-departure entry and exit declarations. Essentially, it will mean that any goods we ship will carry a certificate that instructs customs not to inspect the consignment, allowing it to go straight through.
     
  4. Supply chain review
    We have undertaken a review of our supply chain to mitigate the impact of any major changes following Brexit and to identify any refinements to our processes that might prove necessary. Through dialogue with our key vendor partners and freight forwarders, we are seeking assurances that they are themselves properly prepared for Brexit.
     
  5. Increased stock holding
    We have increased our stock holding by 30% in order to address any unforeseen initial delays. Please contact your account manager if you have specific requirements over the coming months.

We are confident that we are doing everything possible to ensure that Exertis Hammer continues to offer a first- class service to all our partners if/when the UK leaves the European Union; and hope this communication serves as a reassurance to you.

If you would like to discuss any particular points or concerns, please feel free to contact me directly or alternatively contact your account manager.

 

 
Paul Matravers
Sales & Commercial Director

Source: Hammer
Published Date: 28/03/2019

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