Assessing COVID-19 and Brexit's Impact on Projects and Logistics

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Added on  2022/12/16

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This report examines the significant impact of the COVID-19 pandemic and Brexit on projects and logistics. It explores disruptions in the global supply chain, increased border checks, and the effect on tourism and travel. The report discusses issues such as delays at ports, mandatory border checks, and the need for innovative technologies to mitigate supply chain disruptions. It analyzes the impact on various sectors, including road, air, and sea transport, and evaluates the challenges faced by businesses. The report also considers the impact on the tourism sector, including the decline in tourist arrivals and the role of domestic tourism in recovery. The report concludes by emphasizing the need for organizations to embrace technology and data-driven solutions to overcome these challenges and adapt to the changing economic landscape. The analysis is based on various sources, including industry reports and academic research.
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The impact of COVID19
Pandemic and BREXIT in
Projects and Logistics
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Introduction
The world economy is facing unprecedented social, economic and
health emergency because of the COVID 19 pandemic, tourism and
travel is one of the most affected sectors with a massive fall of
international demand among global travel restrictions. With the
globalization worlds supply chain have become highly interconnected
because of emerging marketing economies, the situations of national
lock downs to closed borders and air-spaces has lead to high amount of
disruptions in mechanics of different economies.
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Different segment of logistics affected by
BREXIT
Brexit is set to make a high impact on the sector and there is amount of
cross border that is part of present scenario. Brexit issues are
relevant to logistic industry as it is going to affect several functions
such as delay at ports, mandatory border check.
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CONT...
Road: When UK exits from EU then UK registered vehicles will require
to apply for international driving permits. Air: UK carriers have to see
the cargo services between EU and third countries capperd at 2018
flight and frequency levels that may restrict a organisation ability to
opt for air travel to transport shipments to avoid delays at the sea
ports. Sea: UK organisation are depended on the shipping routes
between UK and EU that is likely to face issues that is if no deal is
present between two unions.
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CONT...
Delay at borders: UK government has estimated a 6 month disruption
period at UK border with the worse period that will be first three
months.
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Brexit and suppliers:
Brexit and suppliers:
suppliers in UK are increasingly stockpiling their medications and
emergency items. There is very hard possibility for businesses that
are part of others sectors that are part of fast moving customer
goods.
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Solution for logistics industry:
One of the solutions for logistic organization is to work towards
implementation of innovative technologies and processes for
prevention of supply chain disruptions and improvement of overall
efficiency.
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Impact of BREXIT on project and logistics:
One of the solutions for logistic organization is to work towards
implementation of innovative technologies and processes for
prevention of supply chain disruptions and improvement of overall
efficiency. Brexit has made a very high impact on the tourism sector
because of cross border travels. The Brexit issues are relevant to a
industry that are arsing because of mandatory border checks, ability
to process paperwork. These issues have to be dealt to deal with the
cost and technical innovation.
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CONT...
Brexit has made a very high impact on the tourism sector because of
cross border travels. The Brexit issues are relevant to a industry that
are arsing because of mandatory border checks, ability to process
paperwork. These issues have to be dealt to deal with the cost and
technical innovation. Trading: As per UK government 44 percent of
exports may find their way in EU countries. Leaving EU is putting
dent in GDP Of UK.
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Impact of brexit on Tourism sector:
As per Bhattacharyya (2020), United Kingdom will officially exiting
European union on January 31st 2020. the entire world have to deal
with the lasting implication. The social, economic and political ties
are set to change the near future, tourism and travel is going to
significant changes in the post transition period. Air travel: In past
the open skills agreement among countries with European aviation
(ECAA) lead to ease in traveling of members countries.
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Impact of brexit on Tourism sector:
As per Rheude (2020), the modern supply chain is interactivity with
the globalisation process. There has been creation of resiliency in
supply chain that is mitigating many localised disasters but it has
also created many systematic issues. COVID 19 has a immediate
impact on global supply chain & logistics market. The covid 19
pandemic has lead to supply chain professionals that is facing
reality of supply chain issues.
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CONT..
For example shortage in fibre components may affect internet service
providers ability to be productive and connected with the customers
during situations of lock down may get negatively affected, the
ripple impact can be cascade across industries and affect business
both small and big in many significant ways.
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