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Procurement Outsourcing Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Procurement Outsourcing Services Market Research Report | Advisory & Financial Services | Other Outsourced Functions | Apr 2016

Procuring profit: The potential for savings and improved margins drives growth in demand

IBISWorld’s Procurement Outsourcing Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$164m
Annual Growth 11-16
9.8%
Annual Growth 16-21
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Profit
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Employment
913
Businesses
62
Industry Analysis & Industry Trends

Firms in the Procurement Outsourcing Services industry manage part or all of a company's procurement process. This can range from transactional services, like processing purchase orders, to sourcing and maintaining relationships with suppliers. Many companies use the industry's services for indirect procurement, to acquire items or services that a company considers non-core to their business, such as travel management, as they have less experience in buying these services than industry players. Downstream markets, which range from large manufacturers, government agencies and small retailers, also hire procurement outsourcers for direct procurement – the purchase of key inputs for their production process... purchase to read more

Industry Report - Starting a New Business Chapter

The industry's barriers to entry are moderate and the trend is expected to be steady. The industry is largely self-regulated, which means that compliance-related barriers to entry are low. Other barriers to entry are considerable, however, and relate to the need for industry participants to establish credibility with clients. For example, potential new entrants need to be able to attract appropriately qualified staff, often with niche knowledge relating to the major markets an enterprise hopes to target.

Connections to international networks for procurement are also critical, as the supply chains of Australian companies become increasingly globalised... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Procurement Outsourcing Services Industry?

Companies in the industry act as a third party to provide procurement services for clients, including direct and indirect procurement. Procurement outsourcing allows client companies to reduce costs, improve efficiency and enhance performance.

Industry Products
Transactional servicesStrategic ServicesSupplier managementAnalytics and other services
 
Industry Activities
Direct procurementIndirect procurementDirect procurementIndirect procurement


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