Motorway-sign-ready-for-Brexit-with-ISO-9001There has been a lot of talk in the media recently about the possibility of the UK falling into recession following the contraction of the economy in the second quarter of 2019.

With the proposed Brexit date of 31st October looming there is speculation that the economy could shrink further if we crash out without a deal. Some forecasters are warning that if we exit without a deal, the pound would plummet, stock markets would fall and GDP could shrink by 2% by the end of 2020.

With so much uncertainty around, whether these scenarios become reality or not, businesses need to be taking steps to ensure their products and services are competitive and looking at every area of their operations to find cost savings and increase efficiency.

Are you ISO 9001 certified already?

If you have achieved ISO certification to ISO 9001, you will already have a quality management system in place that will constantly improve your performance and drive down costs. This will provide the perfect framework to identify and carry out further improvements before the effects of a downturn start to bite.

Have you recently reviewed every area of your business or carried out a risk assessment to identify the negative effects that a recession or leaving the EU without a deal would have?

If your last annual surveillance visit was over 6 months ago and you have not carried out a company review or internal audit since then, don’t wait until your next surveillance visit before you carry out a company-wide review that includes recession proofing and Brexit planning.

Acting early before the effects of a recession start to have an impact on your sales and profits, will help you to reduce costs and minimise waste to keep your prices competitive. As an ISO 9001 certified company, you will already have an advantage over competitors who have not achieved ISO 9001 certification. This will keep your current customers on board and make it easier to win new business from around the world.

Opening new markets could be an option for some sectors after Brexit. With a probable devaluation of the pound, UK exports will be cheaper. Depending on the Brexit deal (or no deal), opportunities outside Europe may offer a solution, mitigating any loss of trade within the EU because of increased tariffs or customs delays. Additional bureaucracy and delays disrupting supply chains are expected and will mean more work for your management teams that may require changes to your management framework and structure.

ISO standards are internationally recognised and certification to ISO 9001 will demonstrate to new customers your commitment to maintain high quality standards.

Not ISO 9001 certified yet?

If you have been considering gaining ISO 9001 certification, now is a good time to prepare your organisation for the step change that will help you to grow by implementing a quality management system that will improve every area of your operations.

A quality management system regularly audited by a third-party Certification Body (CB) will provide proof that you have processes in place to continuously improve your business to recognised standards.

Implementing ISO 9001 will provide improvements that will help you survive and thrive during a recession:
  • Increase productivity and profit
  • Make it easier to build relationships with new customers and keep existing customers
  • ISO standards are recognised globally and will help you to enter new markets
  • Maintain your competitive pricing when tendering for new business
  • Improve your management systems to adapt quickly to economic changes.
Give your business the best chance of surviving the next recession, whether it comes next year or in the future, talk to one of our team on 0121 241 2299 or get a quote by completing our short enquiry form.