2 December 2020: The National Audit Office has published an in-depth report on the shortages of personal protective equipment at the height of the COVID-19 pandemic and how very high prices were paid to secure supplies.
Supply chain disruption
Global supply chains have been significantly disrupted by the coronavirus COVID-19 pandemic. This page collects together ICAEW insights and externally-produced resources which offer practical advice on how to mitigate supply chain risks, the financial impact and contractual issues.
We want to know about the issues affecting you, your business and your clients. We would love to hear of any ideas you have for new resources or information that we are not yet covering. If you have insight and ideas for additional guidance or policy input to government, please tell us.
23 November 2020: Lucy Sauvage, a Director in BDO’s Tax Risk team talks to ICAEW’s Tax Faculty and answers key questions about the effect of the pandemic on risks relating to the corporate criminal offence (CCO) and what organisations need to be thinking about.
19 November 2020: 8,600 pandemic-related contracts worth £18bn were entered into in the period up to 31 July 2020, but a lack of transparency in how they were awarded has given rise to serious concerns about how public money has been spent.
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Use the right indicators for your forecast
20 October 2020: Things are very precarious for construction across the globe, but there are opportunities to shake things up, embrace tech, and reach for public sector investment.
Brexit provides an opportunity for businesses to consider the information they hold on their supply chains/inventory as well as their approach to continuity planning. Read our Know-how guide to assist you in balancing the costs of these exercises with the potential benefits.
8 October 2020: Revelations about poor working conditions in small UK clothing factories may not have proved to be modern slavery, but certainly acted as a wake-up call. Can this also prove a catalyst for change?
A round-up of Brexit issues to be concerned about.
11 September 2020: If this pandemic has taught us anything, it is that human beings are more vulnerable than we often think and that the human condition is relevant to business success or failure. So how do we account for the vulnerable?
3 September 2020: Worldwide economic activity will see a strong rebound in the latter part of 2020, but according to leading economists this masks underlying issues for the long-term recovery, with global trade particularly in the spotlight.
Guide from Deloitte discussing how companies can shift from responding to recovering from coronavirus disruption. It presents recommended actions across key operations: risk management, business continuity and cashflow; leadership and employee well-being; markets and customers; restarting and synchronizing supply chains.
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