Private Label accounts for 38% of the market share in Europe. (Bord Bia) However, CEO Tara McCarthy of Bord Bia referenced significant opportunities for growth in a number of categories. Continental European retailers are at a market share level of 32% which is significantly behind the UK rate of 52% (IRI Worldwide).
Why contract management?
Historically, contract management is the poorer relative in the phases of the strategic sourcing cycle. It does not get much attention as it is time-consuming, labor intensive and it sits between various user departments and procurement with a supervisory role. Most the time, no clear demarcation of ownership and responsibility is the root cause of contract issues.
This conference aims to raise awareness among decision makers and the procurement community about the benefits of strategic procurement, with an emphasis on sustainability, social responsibility, and innovation. It will feature speakers recognised for their expertise and leadership in the field.
iDDea procurement powerhouse
to deliver value to buyers that goes beyond just cost savings
Award Winning Irish sourcing company, e-Quiddity and Procurement Consultants, IDD Consult have merged to form iDDea – The Science of Value™. iDDea combines strategic sourcing, buying benchmarks and training services to deliver value to the procurement function beyond cost savings. iDDea has redefined the benefit of strategic procurement for buyers, internal stakeholders and suppliers to realise organisation-wide value.