Cost Management with Procurement Experts

With ValueSource procurement experts, you ensure cost savings in your company’s procurement and release capital tied up in inventory. Effortlessly, time-efficiently, and performance-based results.

Procurement Partner

ValueSource is your reliable partner in every phase of procurement – backed by our 50 motivated experts and an extensive supplier register of over 4,000 companies.

It’s our honor to build sustainable procurement and a more competitive business together with our Customers!

Procurement professionals

4000

Suppliers in our register

B€+

in Client procurement

4.6

M€+

Turnover

Procurement’s Importance is Greater Than Ever

Markets fluctuate – interest rates and inflation bring challenges while competition intensifies. In this unstable market, maintaining competitiveness requires new solutions and cost advantages across all areas of your business.

ValueSource’s procurement experts help you achieve your goals through professional, impartial, and result-oriented services, including procurement audits, competitive bidding, negotiations, and purchasing agreements.

Objectives

Your goals may include

Reducing procurement costs
Freeing up capital tied to inventory
Securing better contract terms
Achieving higher quality
Enhancing procurement sustainability
Maximizing your time efficiency
Identifying quick wins and long-term actions
Paying only for results

Solution

ValueSource procurement experts offer

Impartial procurement audits
ABCx analysis for item classifications
Negotiation power and contract expertise
Experience in service descriptions
Expertise in requirements specification
Market insights
Resources for flexible execution
Results-based pricing model

What Procurement Areas Does the Service Cover?

The cost management expert service covers direct production materials and services as well as indirect procurement, i.e., other business expenses. The service is suitable for both industrial and service businesses, as business expenses are often similar across industries and can be managed effectively without strict industry limitations.

Over 15 years, we’ve found that the best results are achieved for procurements exceeding €50,000. Below are examples of applicable procurement categories:

Production Procurement

Workshop and machining products
Metal and casting products
Subcontracting services
Contract manufacturing
Automation technology
Industrial components
Plastic products
Chemicals
Raw materials
Electronics
Other production materials and services

Indirect Procurement

Equipment and machinery purchases
Vehicles
Maintenance (MRO)
Production supplies, chemicals, and fasteners
Facility services, such as cleaning, waste management, security, and property maintenance
Workwear and personal protective equipment
IT and telecom services
Logistics services
Personnel services and external labor
Electricity procurement

Operating Model

We start with a current-state assessment, which includes goal clarification, procurement cost audits, and an ABC analysis of purchased items. We validate the savings potential, assess readiness for change, and define actions to achieve the objectives. In Phase 4, we make a joint decision with the client on how to proceed – prioritizing together and saving the client’s time.

In the implementation phase, our project manager leads the selected actions and reports progress to the client. After implementing the actions, ValueSource monitors outcomes, such as new procurement agreements, over a 12-month period, providing recommendations for further actions and reporting the savings.

We always ensure tangible and indirect benefits for the client – including indirect benefits such as time savings and reduction in purchase invoices.

Interested?

Get in touch, and let’s go through your goals and find just the right cost management solution for you.

We can help—fill out the contact form, reach out by email, call us, or leave a request for a callback.

Timo Nieminen
Director of Client Relations
Phone: +358 50 3252 606
Email: timo.nieminen@values.fi

References

Since 2009, our expertise in procurement management has helped our customers develop their procurement functions and strengthen their competitive edge. Success is achieved together, with key factors including collaboration across the entire organization, readiness for change, commitment from key personnel, open communication, a drive for continuous improvement, and the willingness to challenge the status quo. ValueSource is your procurement partner on this journey of transformation!

"If companies need expert knowledge with extensive experience in procurement or even in HR-related matters, I can confidently say that ValueSource is undoubtedly the number one player in its field in Finland."

Kai Huuhtanen
Manager, Sourcing, Purchasing, and Logistics

“There are thousands of consulting firms, but I’ve noticed that production operations are unfamiliar to many. Procurement isn’t just buying and selling – there are many variables involved, and ValueSource has the expertise to handle them.”

Jari Mäenranta
CEO, Okartek Oy

"ValueSource is a highly scalable organization capable of collaborating with client companies of all sizes. They have broad expertise in procurement, which they can tailor to meet the needs of various businesses."

Hannu Lehtisalo
Production Director

“ValueSource can adopt a wide variety of roles in procurement operations. Based on our experience, their services suit companies of all sizes and industries.”

Timo Knuutila
COO

"Cargotec was in a highly critical startup phase for indirect procurement when we utilized ValueSource’s procurement professionals to support and complement our team. The added value from the ValueSource team was quickly and seamlessly integrated, accelerating our strategic procurement, analytics, and operational development activities."

Pia Lax-Lehtelä
Director, Indirect Procurement

"The indirect procurement development program with ValueSource helped us gain a comprehensive overview and identify our improvement potential – including immediate cost savings in selected expense categories. ValueSource supplemented our team with experts and procurement resources. The results were achieved, and the program gave us the momentum to take full control of indirect procurement as an integral part of our overall procurement strategy."

Joachim Schlichtig
CEO