Press release
Strategic Sourcing Application Suites Market to Witness Growth Acceleration During 2019-2023 | JAGGAER, SAP Ariba, Scout RFP, Coupal, SAP, GEP, Zycus, IBM, Determine, Scanmarket, Ivalua, SynerTrade
Strategic Sourcing Application Suites Market
Strategic sourcing application suites are a set of related, integrated solutions that support upstream procurement activities; in other words, the strategic work the procurement team does for planning, assessment and performance management. Strategic sourcing application suites are used primarily by companies with $800 million or more in annual revenue that, typically, have the necessary critical mass of spend. The strategic sourcing application suite delivers four primary capabilities. Most vendors offer these capabilities as separately licensable modules: Spend analysis is a software- and service-based solution for cleansing, enhancing, classifying and analyzing spend data. It features rule-based data cleansing, automated category-level classification, analytics and decision support. Automated spend analysis is used in procurement and sourcing to quantify spend by supplier, category and part, and to identify opportunities for cost reduction and supply base resizing.
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Companies Profiled in this report includes: JAGGAER, SAP Ariba, Scout RFP, Coupal, SAP, GEP, Zycus, IBM, Determine, Scanmarket, Ivalua, SynerTrade, Vortal, Tradeshift, Open Windows
Product Type Segmentation
Cloud-based
On-premises
Industry Segmentation
Cleansing
Automated Category-Level Classification
Analytics and Decision Support
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Table of Content:
Section 1 Strategic Sourcing Application Suites Product Definition
Section 2 Global Strategic Sourcing Application Suites Market Manufacturer Share and Market Overview
Section 3 Manufacturer Strategic Sourcing Application Suites Business Introduction
Section 4 Global Strategic Sourcing Application Suites Market Segmentation (Region Level)
Section 5 Global Strategic Sourcing Application Suites Market Segmentation (Product Type Level)
Section 6 Global Strategic Sourcing Application Suites Market Segmentation (Industry Level)
Section 7 Global Strategic Sourcing Application Suites Market Segmentation (Channel Level)
Section 8 Strategic Sourcing Application Suites Market Forecast 2018-2023
Section 9 Strategic Sourcing Application Suites Segmentation Product Type
Section 10 Strategic Sourcing Application Suites Segmentation Industry
Section 11 Strategic Sourcing Application Suites Cost of Production Analysis
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