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Procurement Outsourcing Services in the UK - Industry Market Research Report

Publisher IBISWorld
Published Sep 17, 2024
Length 76 Pages
SKU # IBSS19343174

Description

Procurement Outsourcing Services in the UK - Industry Market Research Report


Procurement Outsourcing Services in the UK

Downstream businesses outsource the procurement of assets to companies in the procurement outsourcing services industry, which helps businesses to focus on their primary business activities, increasing efficiency and profit. Procurement outsourcing companies also provide analysis and expertise to clients with their procurement operations. The main markets for the industry are manufacturers, retailers and food processors. Government contracts are also a significant source of industry revenue. Over the five years through 2023-24, the procurement outsourcing service industry is expected to contract at a compound annual rate of 2.2% to £1.6 billion.

Businesses in this industry provide direct and indirect procurement services for their clients. Procurement is obtaining goods or services, typically for business purposes. Direct procurement relates to obtaining goods or services to maintain the company's primary activity. Indirect procurement includes everything else.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."

Table of Contents

76 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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