‘Procurement can add value' – Bandon firm

IRISH sourcing company, e-Quiddity and Procurement Consultants, IDD Consult have merged to form iDDea – based in Bandon.

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.   

 Through its consulting, execution and training services, iDDea enables companies to reduce costs, to increase organisational velocity, and to improve its relationships with suppliers Chief executive Ingrid De Donker is well ensconsed in West Cork, having lived in Enniskeane for over 20 years. 

‘I was speaking to the chief executive of a mid-size company and he laughed when I told him the procurement function could add strategic value to the business,’ said Ingrid, who is also the co-author of Inside the Buyer’s Mind: The Buyer/Seller Value Index. 

‘It was a pivotal moment. I realised that many business leaders still view procurement as an admin function, focused only on squeezing suppliers or imposing internal policies on the business, with no value to add. It was the impetus to form iDDea,’ she said.

 IDDea’s clients include Altify, Arvo, Bord na Móna, Cork Chamber Business School Group, Irish Rail, Musgrave, Manchester City FC, Liberty Insurance, TreePro, and UCC.

 See iDDea.ie for more.