Global Procurement Outsourcing Market Research report Revealing Key Drivers & Growth Trends 2025|Global Market leaders – IBM, Accenture, GEP, Infosys, Capgemini

Market Research Hub (MRH) has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Procurement Outsourcing Market Research report” provides an in-depth analysis of the "Procurement Outsourcing Market " with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house).The research study examines the Procurement Outsourcing Market on the basis of a number of criteria, such as the product type, application, and its geographical presence.

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This report focuses on the global Procurement Outsourcing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Procurement Outsourcing development in United States, Europe and China.

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.

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.
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.

The key players covered in this study
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS

Market segment by Type, the product can be split into
Direct Procurement
Indirect Procurement

Market segment by Application, split into
CPG and Retail
BFSI Sector

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Procurement Outsourcing status, future forecast, growth opportunity, key market and key players.
To present the Procurement Outsourcing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

Outlook Complete Report with TOC : -  https://www.marketresearchhub.com/report/global-procurement-outsourcing-market-size-status-and-forecast-2018-2025-report.html

Table of Contents

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Procurement Outsourcing Market Size Growth Rate by Type (2013-2025)
1.4.2 Direct Procurement
1.4.3 Indirect Procurement
1.5 Market by Application
1.5.1 Global Procurement Outsourcing Market Share by Application (2013-2025)
1.5.2 CPG and Retail
1.5.3 BFSI Sector
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Procurement Outsourcing Market Size
2.2 Procurement Outsourcing Growth Trends by Regions
2.2.1 Procurement Outsourcing Market Size by Regions (2013-2025)
2.2.2 Procurement Outsourcing Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities

3 Market Share by Key Players
3.1 Procurement Outsourcing Market Size by Manufacturers
3.1.1 Global Procurement Outsourcing Revenue by Manufacturers (2013-2018)
3.1.2 Global Procurement Outsourcing Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Procurement Outsourcing Market Concentration Ratio (CR5 and HHI)
3.2 Procurement Outsourcing Key Players Head office and Area Served
3.3 Key Players Procurement Outsourcing Product/Solution/Service
3.4 Date of Enter into Procurement Outsourcing Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type and Application
4.1 Global Procurement Outsourcing Market Size by Type (2013-2018)
4.2 Global Procurement Outsourcing Market Size by Application (2013-2018)

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