Industry Analysis & Industry Trends
The Procurement Outsourcing Services industry is expected to grow moderately over the five years through 2015-16. This is primarily because businesses have chosen to outsource in order to improve cost efficiencies. Demand from public-sector organisations increased because of pressures on public spending. In addition, rising IT and telecommunications adoption has made it easier to outsource procurement-related activities. However, although business capital spending increased during the past five years, it remained somewhat depressed during the start of the period when compared with levels recorded prior to the recession. Additionally, the number of businesses operating in the United Kingdom during the start of period remained below pre-crisis levels... purchase to read more
Industry Report - Industry Locations Chapter
The industry offers its services to a range of industries in the public, private and government sectors. As a result, the industry's geographic distribution largely follows business activity. London and the surrounding areas (the East of England and the South East) command the largest share of industry establishments because this area is the business hub of Britain.
There are a considerable number of establishments located in Scotland because a great deal of oil and gas exploration occurs there. IBISWorld expects that many of these companies are keen to outsource indirect procurement activities to help reduce costs... purchase to read more