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Strategic Procurement for Bonava

Coreco has a long standing collaboration with Bonava, a leading residential developer in Europe with the ambition to create happy neighbourhoods for more people. Bonava is the first residential developer in Europe to have its climate targets approved by the Science Based Targets initiative and operates in Germany, Sweden, Finland, Estonia, Latvia and Lithuania.

How we supported the project

  • Strategic Procurement
  • Framework Agreements
  • Negotiation

Bonava develops and builds homes across multiple countries and works with both Swedish and international suppliers. The business requires clear agreements, efficient call off processes and a unified procurement organisation to support projects across different markets. Read more about Bonava here.

The framework agreements were dispersed across different parts of the organisation and their accessibility varied. This created unnecessary administrative effort, lack of clarity in call offs and insufficient alignment between strategic procurement and project procurement. International framework agreements also needed to be integrated into a common structure.

Coreco consolidated and coordinated existing framework agreements and took over the management of international agreements. We implemented new system solutions that improved the functionality of the framework agreements, including automated credit checks. We also carried out a review of suppliers within contracting, consultancy services and materials procurement. The work resulted in shared routines, a more unified procurement process and a significantly simplified call off management across the entire organisation.

More references

Read about other projects Coreco has delivered within real estate and investment advisory, the placement of procurement consultants, and the recruitment of procurement professionals.

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