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Procurement Transformation

Market Analysis

by Alisa Samoylova

published on Sep 29, 2021

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Report Overview:

NelsonHall’s market analysis of the procurement market consists of 75-pages. Procurement Transformation Report focuses on how procurement BPS and consulting vendors are meeting the increasing demand for procurement services.

Who is this Report for:

NelsonHall’s “Procurement Transformation” report is a comprehensive market assessment report designed for:

  • Sourcing managers investigating sourcing developments within the procurement services market 
  • Vendor marketing, sales and business managers developing strategies to target procurement service opportunities
  • Financial analysts and investors specializing in the BPO and procurement services sector.

Scope of this Report:

The report analyzes the worldwide market for procurement services and addresses the following questions:

  • What is the market size and projected growth for the global procurement services market by geography?
  • What is the profile of activity in the global procurement services market by industry sector?
  • What are the top drivers for adoption of procurement services?
  • What are the benefits currently achieved by users of procurement services?
  • What factors are inhibiting user adoption of procurement services?
  • What pricing mechanisms are typically used within procurement services and how is this changing?
  • Who are the leading procurement services vendors globally and by geography?
  • What combination of services is typically provided within procurement services contracts and what new services are being added?
  • What is the current pattern of delivery location used for procurement services and how is this changing?
  • What services are delivered from onshore and which from offshore?
  • What are the challenges and success factors within procurement services? 

Key Findings & Highlights:

NelsonHall’s market analysis of the procurement market consists of 75-pages. Procurement Transformation Report focuses on how procurement BPS and consulting vendors are meeting the increasing demand for procurement services.

Some large organizations already have experience of working with leading BPS vendors and consultancies to support their sourcing and procurement activities, often at a tactical level. However, many organizations are now recognizing that they need to introduce some fundamental changes and undertake widespread transformation programs of their procurement activities, programs that might include reimagining and standardizing processes, enhancing user journeys, leveraging predictive analytics, intelligent automation, AI/ML, and other new technologies.

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