PROCUREMENT
AS A SERVICE
NORDIC SOURCE
STRATEGIC PROCUREMENT COMMUNITY FOR INDIRECT SPEND
Nordic Source is an extension of our customers’ procurement teams. We manage indirect procurement categories, tendering projects, framework agreements, supplier development and sustainability (ESGQ) audits together with our customers.
Our mission:
"Collective intelligence and purchasing power deliver excellent procurement results."
The agreements negotiated by the cooperative primarily cover products and services that are not considered core to the customers' main business operations, often relating to the maintenance and support of manufacturing sites, warehouses, and office environments.
Nordic Source Cooperative was established in 2009 by five Finnish founding companies: Valio, Tamro, Saarioinen, Fazer, and Atria. Olvi joined the cooperative the following year. Nordic Source's objective is to develop the most effective operating models, the most competitive supplier solutions, and responsibly managed procurement categories for its customers.
Today, Nordic Source serves 22 customers whose combined annual revenue is approximately €18 billion, with a combined workforce of more than 39,000 employees.
22
CUSTOMER COMPANIES
~90
SUPPLIER / AGREEMENT IN SELECTED CATEGORIES
EXPERTISE + PURCHASING POWER = OUTSTANDING PROCUREMENT RESULTS
18 B€
TURNOVER OF CUSTOMER COMPANIES
110+
CUSTOMERS' OPERATIONAL SITES AND HEADQUARTERS LOCATED IN FINLAND
PROCUREMENT LEADERSHIP IN COLLABORATION WITH OUR CUSTOMERS
WAY OF WORKING
1
PROCUREMENT CATEGORY MANAGEMENT
Our operating model is based on category teams, where customer experts and Nordic Source jointly lead and develop procurement categories. These teams define category objectives, sourcing strategies, and development and tendering roadmaps. Category teams also steer sourcing initiatives, evaluate supplier solutions, and develop operating models that improve cost efficiency, quality, sustainability, and delivery reliability over the long term.
3
PROFESSIONAL
TENDERING
Nordic Source manages competitive tendering processes from initial planning through to supplier selection using consistent and transparent methodologies. Our sourcing decisions are based on high-quality data, market insight, and a thorough understanding of our customers' business requirements. All suppliers are treated fairly and equally throughout the process, with the objective of building long-term, competitive, and sustainable supplier relationships.
2
SUPPLIER
MANAGEMENT
Supplier management enables us to continuously improve supplier performance, delivery reliability, quality, sustainability, and cost efficiency throughout the contract lifecycle. In selected procurement categories, we work closely with customers and suppliers to drive the continuous development of operating models, services, and business processes. In addition, we conduct supplier sustainability audits (ESGQ) to assess and support suppliers' environmental, social, and governance performance.