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Procurement Outsourcing Services in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Procurement Outsourcing Services Market Research Report | SIC UK0.014 | Mar 2016

Efficient expansion: Revenue rises due to a growing economy and cost-conscious businesses

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
Accenture plc Accenture plc market share
Capita plc Capita plc market share
IBM United Kingdom Ltd IBM United Kingdom Ltd market share
Xchanging plc Xchanging plc market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 11-16
3.7%
Annual Growth 16-21
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Profit
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Employment
19,869
Businesses
1,867
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 Products Chapter

Unlike business process outsourcing, which tends to focus on back-office services, the Procurement Outsourcing Services industry specialises in sourcing and supplier management services. A vast number of procurement services are available, but the simplest division is into direct or indirect procurement outsourcing services.

Indirect procurement

Indirect procurement focuses on services that are subsidiary to a company's core business. This segment includes services related to marketing, fleet management, utilities, IT and HR. Demand for indirect procurement is more established because companies often outsource non-core activities in an effort to focus on and strengthen their performance in key areas... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Procurement Outsourcing Services Industry?

Businesses in this industry provide direct and indirect procurement services for their clients. Procurement outsourcing allows client companies to reduce their costs and become more efficient.

Industry Products
Direct procurementIndirect procurement
 
Industry Activities
Direct procurementIndirect procurement


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