TheMarketingblog

Latest on the speech : Corbyn stresses importance of supply chains for manufacturing

Corbyn says …For 45 years our economy has become increasingly linked into the European Union. Many of our laws and regulations are set and monitored by joint European authorities, from implementing rules on use of pesticides to assessing the levels of fluoride in our drinking water.

The European Food Safety Authority plays a vital role in monitoring the substances used in manufacturing or growing our food using the latest scientific evidence to assess whether substances are likely to have harmful effects on human or animal health. While the European Chemicals Agency carries out the vital task of evaluating and authorising chemicals as safe for use.

And many businesses have supply chains and production processes, interwoven throughout Europe. Take the UK car industry, which supports 169,000 manufacturing jobs, 52,000 of which are here in the West Midlands.

If we look at the example of one of Britain’s most iconic brands in this sector, the Mini, we begin to see how reliant our automotive industry is on a frictionless, interwoven supply chain.

A mini will cross the Channel three times in a 2,000-mile journey before the finished car rolls off the production line. Starting in Oxford it will be shipped to France to be fitted for key components before being brought back to BMW’s Hams Hall plant in Warwickshire where it is drilled and milled into shape.

Once this process is complete the mini will be sent to Munich to be fitted with its engine, before ending its journey back at the mini plant in Oxford for final assembly.

If that car is to be sold on the continent then many of its components will have crossed the Channel four times.

The sheer complexity of these issues demand that we are practical and serious about this next stage.