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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

The Procurement Outsourcing Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Industry Investment Chapter

Capital intensity in the Procurement Outsourcing Services industry is low. For every dollar spent on wages, the industry invests $0.03 in capital. This is because industry firms are highly reliant on skilled employees that have strong knowledge of transactional procurement tasks and supplier negotiation. Capital intensity is estimated to have increased slightly over the past five years as firms have developed more sophisticated and automated computer systems to reduce costs and enhance efficiency for clients... 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 procurement


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