Procure It Right
Procure It Right (PIR) is a Swedish procurement consulting company based in Stockholm, Sweden. The company has provided consulting services in purchasing, sourcing and procurement, with a historical focus on information technology and telecommunications-related procurement.[1][2][3]
History
Procure It Right was founded in the early 2000s and was associated with the Kinnevik group through Tele2.[1][3] According to Rapidus, the company was founded in 2001 by Swedish entrepreneur Jan Stenbeck and was part of the Kinnevik group through its parent company Tele2.[3]
In 2005, Dagens industri reported that the company had managed procurement assignments for companies in the Stenbeck sphere for more than ten years, including assignments for Tele2.[1] In 2006, Affärsvärlden described Procure It Right as a procurement specialist within the Stenbeck sphere, focused mainly on IT procurement. The article stated that Tele2 accounted for around 60 percent of the company’s turnover at the time, while the company also aimed to increase the share of external customers.[2]
In 2012, Procure It Right opened an office in Malmö, led by Henrik Edwall, previously purchasing director at Tetra Pak. At the time, Rapidus reported that the company had just under 50 employees and annual turnover of slightly more than SEK 65 million.[3]
In 2016, Procure It Right was acquired from Tele2 by a group of management consultants associated with Newground Alliance and Influence.[4]
Operations
Procure It Right provides consulting services related to purchasing, sourcing and procurement. Media coverage in the 2000s described the company’s work as focused on procurement in IT and telecommunications-related sectors, including assignments for companies within the Kinnevik group.[1][2][3]
References
- ↑ 1.0 1.1 1.2 1.3 "Hans bolag har sparat miljarder åt Stenbeck". Dagens industri (in svenska). 7 January 2005.
- ↑ 2.0 2.1 2.2 Croneborg, Mattias (20 April 2006). "Han slimmar Stenbecks it-kostnader". Affärsvärlden (in svenska).
- ↑ 3.0 3.1 3.2 3.3 3.4 Frick, Anders (14 August 2012). "Kinneviksbolag öppnar Malmökontor". Rapidus (in svenska).
- ↑ "Tidigare Connectaledning köper Procure It Right av Tele2" (Press release) (in svenska). Cision. 31 August 2016.
External links
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