Strategic Sourcing

Scandinavian Purchasing Group implement strategic sourcing to improve quality and significantly lower total costs of acquiring products and services. The team has substantial experience in a wide range of product and service areas, and has a record of achieving substantial cost savings. Scandinavian Purchasing Group also has a wide experience in handling public purchases in accordance with EU regulations.
State of the art tools are available to our team members to ensure an effective process for our clients. A sourcing project may include any combination of the following:

Demand verification and specification - Verified needs and specifications allowing potential bidders to propose their most cost effective solution are required to achieve the best possible conditions in the market.

Market Analysis - An analysis to identify potential suppliers, their relative competitive strength and market characteristics will be carried out.

Sourcing Strategy - Based on the need verification and specification and the market analysis, Scandinavian Purchasing Group will develop a strategy to conduct an optimal sourcing process. We will develop strategies for competitive bid, reverse auctions, single source negotiation, international sourcing, product redesign etc.

Request for Quotation - Scandinavian Purchasing Group has a reputation for preparing concise, professional and effective RFQ packages. Our main focus will be to encourage competition in the market and allow bidders to tender their most cost effective solution. Electronic tendering will be used when suitable.

Evaluation - Based on the RFP we are able to evaluate the received proposals in an effective manner, taking into account technical, commercial and legal matters.

Negotiations - We conduct professional, ethical and firm negotiations that fairly address the supplier’s reasonable business expectations, optimizing our client’s position. Scandinavian Purchasing Groups experienced professionals have a reputation for achieving remarkable results in negotiations on behalf of our clients.

Contracts - We prepare professional contracts that are well adapted to the actual purchase, and we manage all technical, commercial and legal aspects, while optimizing our client’s risk exposure.

Contract Management - The agreed contract should be correctly implemented and managed by the buyer. Scandinavian Purchasing Group can assist in this and also participate in management of variations and renegotiations if required.