SYNETIQ, the UK’s largest vehicle salvage and recycling company, is ready to support the repair sector with the supply of quality replacement parts as shipping delays and uncertainty over Brexit become apparent.
Recycling 95.3% of each vehicle, SYNETIQ’s in-house processes have been developed to handle components as efficiently as possible. With in-excess of 200k parts already identified, inventoried, graded and priced, from its 14 locations in the UK, SYNETIQ has spent the last 12-months structuring and investing in the business to ensure it can meet the demands of customers as shortages of new parts means an increased focus on ‘green’ salvaged components.
Already relied upon by key insurance providers, SYNETIQ helps customers to reduce cost, through delays in repair, and drastically cut their carbon footprint through the responsible use of existing part that conforms to BSI10125.
Tom Rumboll, Executive Chairman of SYNETIQ said:
“With many questions remaining about the availability of these essential green parts in 2021, we have taken a series of practical steps over the last 12-months to ensure that we’re in an extremely strong position to support our clients and customers who play a key role in ensuring the UK keeps moving.” He added: “All our suppliers are UK based and, with an expected influx of vehicles classed as Category N expected into the supply chain, we only envisage our stock levels rising.”
With a high volume of vehicles and parts currently imported into the UK, delays due to border control and customs clearance would lead to increasing costs and in turn an increased demand – massively impacting the insurance repair sector. With evidence that more vehicles are being classed as Category N due to the lack of suitable parts, SYNETIQ’s market-leading approach to green parts, salvage vehicles and secondhand vehicles presents customers with a strategic advantage.
Working to an ethos of: Reduce, Reuse, Reman and Recycle, SYNETIQ takes an integrated approach to ensuring how vehicles are assessed and either put back on the road or dismantled for parts. This ensures maximum reuse and minimal environmental impact – and supplies vital, cost-effective and environmentally sustainable original components to the repair sector.
With the immediate supply of popular items, parts can be dispatched with next day delivery and even larger, more complex parts, including replacement engines or gearboxes, can be sourced at short notice.
SYNETIQ have worked closely with all of their partners to ensure they have minimal exposure in the event of a no-deal Brexit.