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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 | Jan 2013

Procuring growth: The industry benefits from increased business numbers and confidence

IBISWorld’s Procurement Outsourcing Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 08-13
6.9%
Annual Growth 13-18
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Profit
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Employment
8,725
Businesses
820
Industry Analysis & Industry Trends

The Procurement Outsourcing Services industry has enjoyed buoyant conditions over the five years through 2012-13. Industry revenue is estimated to grow by an annualised 6.9% over the period to reach $1.43 billion. With the industry's markets being highly diversified, it has benefited from the growing number of Australian businesses. These businesses are also increasingly outsourcing their activities, which has supported demand for outsourced procurement services.

An overall increase in business confidence has backed growth in procurement activities and volumes. Some of these activities are outsourced to the industry, benefiting industry revenue... purchase to read more

Industry Report - Industry Investment Chapter

Capital intensity in the Procurement Outsourcing Services industry is at a low level. The industry is estimated to spend $71.50 on labour for every $1.00 invested in new capital. The level of capital intensity is low because the firm is highly reliant on skilled employees that have insider knowledge of optimum procurement sources. In addition, the industry has little need to invest in expensive capital such plants, machinery and equipment. Instead, the industry's main capital investments include office furniture and information technology. Capital intensity is estimated to have declined slightly over the past five years. Capital intensity has fallen as the industry's investments in new capital have slowed to address overcapacity in the aftermath of the global downturn... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Procurement Outsourcing Services Industry?

Companies in this 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
Direct procurementIndirect procurement
 
Industry Activities
Direct procurementIndirect procurementDirect procurementIndirect procurement


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