Effects of the End of Free Movement on the Supply Chains in the United Kingdom
Effects of the End of Free Movement on the Supply Chains in the United Kingdom
Author(s): Gergana KaloyanovaSubject(s): Economy, National Economy, Supranational / Global Economy, Business Economy / Management, Business Ethics
Published by: Съюз на учените - Варна
Keywords: Supply Chain; Brexit; labor, crisis; disruption; end of free movement
Summary/Abstract: The term "Supply Chain" can be explained as the whole network of businesses and individuals which are collaborating in order to produce and distribute a final good or service. Supply Chains are nowadays interconnected and can be easily influenced by foreseen and unforeseen events. Brexit affected the supply chains in the United Kingdom in a negative way and caused disruptions. One of the main factors caused by Brexit which is influencing the supply chains is the end of free movement. This study aims to analyze the effects of the end of free movement on the supply chains in the United Kingdom based on a literature review and personal reflection on the topic. The Business had to rearrange the supply chains and implement changes in order to make the supply chains resilient in the turbulent times. The post- Brexit immigration system introduced visa requirements for EU citizen which caused lack of workers in different areas and led to delays and struggles in the supply chains. Companies had to find different solutions for the labor crisis like increasing automation and hiring non-EU workers. The effects of the end of free movement will be ongoing and will be a topic for research and observation in the next years.
Journal: Известия на Съюза на учените - Варна. Серия Икономически науки
- Issue Year: 12/2023
- Issue No: 2
- Page Range: 234-240
- Page Count: 7
- Language: English