Procurement Outsourcing Market Is Booming Worldwide | IBM, Accenture, Infosys, Capgemini, Genpact

HTF MI recently introduced Global Procurement Outsourcing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are IBM, Accenture, GEP, Infosys, Capgemini, Genpact, TCS, Xchanging & WNS etc.

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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.

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.

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on " Procurement Outsourcing Market by Type (, Direct Procurement & Indirect Procurement), by End-Users/Application (CPG and Retail & BFSI Sector), Organization Size, Industry, and Region - Forecast to 2023". Early buyers will receive 10% customization on comprehensive study.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as IBM, Accenture, GEP, Infosys, Capgemini, Genpact, TCS, Xchanging & WNS includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Market Segments:
The Global Procurement Outsourcing Market has been divided into type, application, and region.
On The Basis Of Type: , Direct Procurement & Indirect Procurement.
On The Basis Of Application: CPG and Retail & BFSI Sector
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Procurement Outsourcing in these regions, from 2013 to 2023 (forecast), covering
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

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Have a look at some extracts from Table of Content

Introduction about Global Procurement Outsourcing

Global Procurement Outsourcing Market Size (Sales) Market Share by Type (Product Category) in 2017
Procurement Outsourcing Market by Application/End Users
Global Procurement Outsourcing Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [CPG and Retail & BFSI Sector]
Global Procurement Outsourcing Sales and Growth Rate (2013-2023)
Procurement Outsourcing Competition by Players/Suppliers, Region, Type and Application
Procurement Outsourcing (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Procurement Outsourcing Players/Suppliers Profiles and Sales Data

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include , Direct Procurement & Indirect Procurement
Procurement Outsourcing Manufacturing Cost Analysis
Procurement Outsourcing Key Raw Materials Analysis
Procurement Outsourcing Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
........and more in complete table of Contents

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