Brooklyn, NY -- (SBWIRE) -- 07/16/2018 -- Qyresearchreports include new market research report Procurement Outsourcing to its huge collection of research reports. In 2017, the global Procurement Outsourcing market size was 2820 million US$ and it is expected to reach 6830 million US$ by the end of 2025, with a CAGR of 11.7% during 2018-2025.
This report studies the global Procurement Outsourcing market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Procurement Outsourcing market by companies, region, type and end-use industry.
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
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Cost reduction is the top priority for CPOs as they look to sustain business growth in a slowing market.
Demand for impactful procurement continues to run high, both in terms of managing cost as well as unleashing the potential of the supply market to differentiate business performance. However the traditional constraints of manpower, expertise, and policy driven process are inhibiting.
Cycle times need to be shorter, insight needs to be richer and more agile, and performance needs to be more transparent and efficient.
Whether it's cognitive analytics to redefine scenario analysis, crowdsourcing to improve reach and creativity, or mobile analytics to unlock real-time performance management, the potential for these digital solutions to transform the procurement value proposition is considerable. Digital solutions should be embraced by CPOs and harnessed to greatly improve the function's accuracy, speed of execution, and relevance to the greatest business challenges.
This report focuses on the global top players, covered
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
The study objectives of this report are:
To study and forecast the market size of Procurement Outsourcing in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of Contents
1 Industry Overview of Procurement Outsourcing
1.1 Procurement Outsourcing Market Overview
1.1.1 Procurement Outsourcing Product Scope
1.1.2 Market Status and Outlook
1.2 Global Procurement Outsourcing Market Size and Analysis by Regions (2013-2018)
1.3 Procurement Outsourcing Market by Type
1.3.1 Direct Procurement
1.3.2 Indirect Procurement
1.4 Procurement Outsourcing Market by End Users/Application
1.4.1 CPG and Retail
1.4.2 BFSI Sector
2 Global Procurement Outsourcing Competition Analysis by Players
2.1 Procurement Outsourcing Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 IBM
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Procurement Outsourcing Revenue (Million USD) (2013-2018)
3.2 Accenture
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Procurement Outsourcing Revenue (Million USD) (2013-2018)
3.3 GEP
...
List of Tables and Figures
Figure Global Procurement Outsourcing Market Size (Million USD) Status and Outlook (2013-2018)
Table Global Procurement Outsourcing Revenue (Million USD) Comparison by Regions (2013-2018)
Figure Global Procurement Outsourcing Market Share by Regions (2013-2018)
Figure United States Procurement Outsourcing Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Europe Procurement Outsourcing Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure China Procurement Outsourcing Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Japan Procurement Outsourcing Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure Southeast Asia Procurement Outsourcing Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Figure India Procurement Outsourcing Market Size (Million USD) and Growth Rate by Regions (2013-2018)
Table Global Procurement Outsourcing Revenue (Million USD) and Growth Rate (%) Comparison by Product (2013-2018)
Figure Global Procurement Outsourcing Revenue Market Share by Type in 2017
Figure Direct Procurement Market Size (Million USD) and Growth Rate (2013-2018)
Figure Indirect Procurement Market Size (Million USD) and Growth Rate (2013-2018)
Figure Global Procurement Outsourcing Market Share by Application in 2017
Figure Procurement Outsourcing Market Size (Million USD) and Growth Rate in CPG and Retail (2013-2018)
Figure Procurement Outsourcing Market Size (Million USD) and Growth Rate in BFSI Sector (2013-2018)
Figure Procurement Outsourcing Market Size (Million USD) and Growth Rate in Applications 3 (2013-2018)
Table Procurement Outsourcing Market Size (Million USD) by Players (2013-2018)
...
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