Making purchases more effective
Cooperative society Nordic Source Coop for joint purchases provides their members an effective way of arranging their purchases.
Nordic Source Coop looks for the best alternative operating models and purchase concepts for their members, and puts the products or services out to tender.
The cooperative society negotiates the agreement terms and a frame agreement that will be confirmed by members by means of a separate order agreement with the supplier.
Nordic Source - operations and structure
Nordic Source Coop was established in 2009. Main operating principle is to indentify the best alternative operating models and purchase concepts. After the purchase product group (the so-called category team) has agreed the products or services to be tendered, the the RFx process is driven by Nordic Source.
The contracts of the Cooperative Society cover products or services other than those belonging to the sphere of the companies' strategic purchases. These include In practice all purchases except raw materials and additives, semi-finished and finished products and certain packaging materials.
The operation is based on category teams to be established jointly with members and the cooperative society's personnel, and to be led by an appointed project manager. Category teams create joint targets and purchasing strategies.
Interim managing director
+358 50 380 8484
+358 40 501 0915
+358 50 330 2871
Vernissakatu 6 (7th floor) 01300 Vantaa
| Tel: +358 40 501 0915
Nordic Source manages approximately 60 frame agreements in ten different sourcing categories. Cooperative negotiates contract terms and frame agreement, which is confirmed by separate order agreement between members and suppliers.