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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 - Industry Analysis Chapter

The Procurement Outsourcing Services industry is expected to grow by an annualised 9.8% over the five years through 2015-16, to reach $163.8 million. An increasing number of businesses in Australia combined with growing capital expenditure has created a solid base market for the industry. Furthermore, growing acceptance of the benefits of procurement outsourcing, as businesses strive for greater efficiency and wider margins, has supported rapid growth in industry revenue. Industry revenue is expected to grow by 5.2% in 2015-16, as business confidence remains positive and the number of businesses in Australia rises... 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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