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Riksbyggen – procurement strategies

Riksbyggen is a cooperative organisation that develops attractive living environments. It is also one of Sweden’s largest property managers, with housing cooperatives, companies and public property owners as its customers.

How we supported the project

  • Procurement strategies
  • Action plan
  • External environment analysis

Riksbyggen is a nationwide residential developer with the ambition to build more homes for more people by improving the efficiency of new housing production. To achieve this, the organisation actively works with long term strategies for cost control, production development and smarter procurement.

Read more about Riksbyggen here.

Riksbyggen required a strategy that both reduces construction costs and shortens lead times for housing production. The objective was to identify approaches used by leading industry players to lower costs through deliberate procurement strategies and to create the conditions for long term partnerships with the right suppliers.

Coreco carried out a preliminary study in which we developed Riksbyggen’s strategy for more efficient new housing production. The work included study visits to organisations that have successfully reduced costs through structured procurement and standardised ways of working. In the next step, we jointly procured two long term framework agreement suppliers. The strategy is expected to reduce construction costs by up to 25 per cent and shorten production time by approximately six months per project.

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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