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Brexit Barometer by Bord Bia
- 22 March 2017
The impacts of Brexit will reach into almost every aspect of businesses that export into the United Kingdom. The Brexit Barometer, developed in conjunction with PwC, will provide the industry with a consistent structure with which to assess the likely impact of Brexit and provide a baseline of information to each company.
How to access the assessment tool
- Go to the following link - www.bordbia.ie/BrexitBarometerTool
- Enter your email address and the password that has been emailed to you by your Bord Bia sector manager and click “LOGIN” button.
You can reset your password after you have logged in. To save your login details, please tick the “Remember Me” box before clicking the “LOGIN” button.
The barometer is open from the 22nd of march – 28th April and will then close.
Assessment structure
The assessment is divided into a number of sections. Firstly, the introductory stage of the assessment requires some basic information about the respondent company, such as name, sector, and channels where goods are sold into. The second part of this stage requires some more technical aspects of the company, such as revenues ranges from UK sales, the number of full-time employees, and so on.
Important information required for the Brexit Barometer
Given the various types of information required, completing the assessment may require input from more than one person within your company. When completing this assessment you will need the following information:
- Export figures
- Export markets
- Foreign currency arrangements
- Customs and VAT requirements
- Supply chain structure
- Human Resources
Where possible your sector manager will attend and assist you undertake the assessment.We strongly advise that you use this assessment tool as an opportunity to meet with your core team as part of a Brexit Planning exercise. We recommend a minimum of 2.5 hrs is allowed for this.
Why we need the data? And how will it be used?
Firstly the Brexit Barometer will help you assess the potential impact and readiness of your business for Brexit. Secondly, by assessing the readiness and resiliency of the Irish food and drink industry as a whole we can better understand the current industry situation, and assist in long-term strategic planning.
Confidentiality
The data that you provide will be treated with the utmost care and is being stored in a facility managed by PwC on behalf of Bord Bia for the duration of the project (it will be returned to Bord Bia at the end of the project).While both of those parties will be able to see the individual data of your company, all analysis provided for any other forum will be aggregated either at a national or sectoral level and won’t identify individual companies.
What You Will Get from the Assessment
The assessment has a number of benefits:
- You will receive a high-level assessment of your exposure to and readiness for Brexit by topic
- This customized assessment will be supported by information and suggested actions on each of the topics that you should be aware of and act upon as relevant.
- This assessment will allow us to identify the sectors that have a high risk of being negatively impacted by Brexit, as well identifying particular areas of concern.
Source: Bord Bia - Brexit Barometer by Bord Bia
