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Home News Bord Bia’s Brexit Action Plan

Bord Bia’s Brexit Action Plan

October 30, 2020
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    Customer Relationship

    This chapter focuses on the key actions on how Irish food and drink manufacturers can strengthen their customer relationships and unlock new growth opportunities. It provides useful guidance on understanding your market position and on developing commercial marketing strategies.

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    Supply Chain

    This chapter focuses on the key actions that Irish food and drink manufacturers can take in order to get a better understanding of their supply chains and the risks that Brexit poses to them.

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    Customs and Controls

    This chapter focuses on the key actions in customs and controls such as new customs formalities, including import and export declarations, pre-notifications for certain products, licence requirements and other regulatory requirements as the UK will become a Third Country at the end of the Transition Period.

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    Financial Resilence

    This chapter focuses on key actions Irish food and drink manufacturers can take to improve financial resilience against the uncertainties of trade with the UK as it leaves the European Union.It looks at understanding the impact of currency exposures, hedging and cost reduction.

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    Business Continuity

    This chapter focuses on key actions to help Irish food and drink manufacturers identify, monitor and manage risks to their business in the run up to the end of the Transition Period. It also provides some tools that businesses can use to help manage risk more effectively.

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    Market Diversification

    This chapter focuses on key actions to guide Irish food and drink manufacturers on developing a strategy for expanding into new geographies.

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