J2 Sourcing's CEO on how they grew 137% in revenue
This special edition of the Growing B2B Revenue newsletter features an interview with J2 Sourcing's CEO, J?rgen Eriksson , whose company ranked 4th in the Revenue Journal Ranking 2024. The ranking lists Sweden's fastest-growing companies over 100 MSEK. Access the full report here .
Revenue (2022): 2 060 MSEK
Growth (2022): 136,99%
“Plan for different scenarios so you don’t need to act reactively.”
Exclusive interview with J?rgen Eriksson
"Reimagine supply chain." That’s the motto driving J2 Sourcing's impressive growth. Today, they have 100 employees, including 30 people working in sales. Their expansion has primarily been fueled by self-funding.
Solving supply chain problems drove growth
"Our success lies in our extensive global network," J?rgen explains. J2 Sourcing's ability to solve supply chain problems was particularly crucial during 2020-2022 when many companies struggled to source electronic components, including semiconductors.
"We are problem solvers," J?rgen emphasizes. "We have an extensive network of suppliers all over the world. We know where to go and who to ask for any component." J2 Sourcing doesn’t manufacture anything itself but leverages its network of independent suppliers to deliver any component needed in the electronics industry.
Global turbulence raised demand and prices
The turbulence in the world has increased demand and raised general price levels, further fueling J2 Sourcing’s growth. When J?rgen shares his best advice with other CEOs, he says, "Plan for every scenario. Have pre-made plans in your desk drawer on what to do in good and bad times so you don’t need to act reactively."
Today, their biggest challenge lies in finding even more high-quality suppliers and talent acquisition, especially within procurement.
Access the full ranking here: https://www.upsales.com/revenue-journal/swedens-fastest-growing-b2b-companies-over-100msek-2024/
/ The Revenue Journal Team