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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 | May 2015

Confidence boost: Growth in business numbers and internet connections aids industry revenue

IBISWorld’s Procurement Outsourcing Services market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$136m
Annual Growth 10-15
10.2%
Annual Growth 15-20
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Profit
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Employment
560
Businesses
52
Industry Analysis & Industry Trends

The Procurement Outsourcing Services industry has enjoyed buoyant conditions over the past five years. Industry revenue is expected to grow at an annualised 10.2% over the period to reach $135.9 million in 2014-15. The industry has benefited from the growing number of Australian businesses, as its markets are highly diversified. These businesses have also been increasingly outsourcing their activities, which has supported demand for outsourced procurement services.

Broadly positive business confidence levels over the period have contributed to growth in procurement activities and volumes. The industry outsources some of these activities, which benefits 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 $52.95 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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