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NORDIC SOURCE
EFFICIENT, OUTSOURCED PROCUREMENT
Nordic Source cooperative society is an extension of the customer company sourcing function and a body that manages joint sourcing activities between the member companies.
Our mission is
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“Collective intelligence & joint purchasing power
-- Excellent sourcing results”.
Nordic Source Coop was established in 2009 by five Finnish companies: Valio, Tamro, Saarioinen, Fazer and Atria, then Olvi joined a year later. Nordic Source main operating principle is to identify the best sourcing concepts in each sourcing category and by combining the knowledge and volumes, deliver the best sourcing results.
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Today Nordic Source has 20 members and turnover of the customer companies is over 13 B€ with more than 31 000 employees.
20
CUSTOMER COMPANIES
100+
SUPPLIER / AGREEMENT IN SELECTED CATEGORIES
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KNOWLEDGE + PURCHASING POWER = EXCELLENT RESULTS
13,4B€
TURNOVER OF CUSTOMER COMPANIES
80+
CUSTOMERS HAVE OPERATING UNITS / HEAD OFFICES IN FINLAND
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CUSTOMERS HAVE OPERATIONS IN 12 DIFFERENT COUNTRIES
Sivun alku
Way of working
WAY OF WORKING
1
PROCUREMENT CATEGORY MANAGEMENT
At the center of the procurement are the category teams, which are represented by the customers' procurement experts and Nordic Source staff, and the team has appointed leader from Nordic Source. The category teams decide together the category goals, procurement strategy and development and competition support plan. They also together determine the best operating methods and procurement concepts.
3
PROFESSIONAL
TENDERING
Nordic Source has clear tendering processes and tools. The basis of tendering is high-quality data. Suppliers participating in the tendering are treated equally.
2
SUPPLIER
MANAGEMENT
Structured supplier management is carried out with the most important suppliers. It includes essential reporting and metrics and regular business reviews. In selected procurement categories, we also do more in-depth development work together with suppliers and customers.
4
COMPREHENSIVE UTILIZATION OF CONTRACTS
Nordic Source always makes a frame agreement with the supplier, which can be used by Nordic Source's current and future customers and their subsidiaries. In addition to this, we are interested in expanding the scope of the current supplier as applicable.
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