10 Ways Microsoft Dynamics 365 can help manufacturers through Brexit

In June, the UK voted to leave the European Union. Businesses panicked and uncertainty continues to make them nervous.

True, UK manufacturing is enjoying a resurgence thanks to the weaker pound leading to more trade opportunity. But this almost passive form of success, where good things happen because of currency fluctuations rather than organizational effort, can't be taken for granted.

To prove its worth longer term, UK businesses need to be fit for competition in a tougher market, which will inevitably arrive when the outcome of political negotiations for trade are revealed further down the line. It's unlikely that the costs for UK/EU trade will do anything but rise. Tariffs, tax, battlegrounds of red tape, currency values, immigration and legal frameworks are all crucial to creating a favourable landscape to do business in. Those outcomes will make or break many companies.

It's not just the UK that needs to consider its position. Trading partners across the world also need to think about how they add value to prevent loss of trade into the UK. Out with the European single market, there is a high chance that UK businesses will be more likely to choose each other for their supply chains. Thus, our overseas partners need to make similar efforts to impress to ride the turbulence. The worldwide business community needs to sell process as well as product to show the value in what they offer.

The current conditions give all businesses a suddenly equal opportunity to reassess their growth plans and goals. With improved turnover, businesses are in a better position than ever to argue the case for investment that will see them thrive far beyond the current cost-based model of trade.

Our prediction: CRM + ERP ...

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