Market Research Logo

Retail Sourcing and Procurement Market by Solution (Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay, and Spend Analysis), Service (Implementation, Training, Consulting), Deployment, User and Region - Global Forecast to 2021

Retail Sourcing and Procurement Market by Solution (Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay, and Spend Analysis), Service (Implementation, Training, Consulting), Deployment, User and Region - Global Forecast to 2021

“The need for better visibility in sourcing related data to drive the retail sourcing and procurement market”
The retail sourcing and procurement market size is estimated to grow from USD 2.58 billion in 2016 to USD 4.83 billion by 2021, at an estimated CAGR of 13.4%. The need for better visibility in sourcing related data, centralization of procurement processes, and improved collaboration between suppliers and retail organizations are the important driving factors fueling the growth of the retail sourcing and procurement market.

“The procure-to-pay solution to gain maximum traction during the forecast period”
The procure-to-pay solution is estimated to contribute the largest market share during the forecast period. Furthermore, as procurement and invoice management activities are linked, the demand for this solution is expected to be comparatively more than the other solutions such as supplier management and contract management. Additionally, the procure-to-pay solution allows organizations to achieve error-free payment processes along with assisting the end users to make financial management and accounts management easier and meaningful. In terms of services, implementation service is the highest contributor to the services segment. The consulting services segment is expected to grow at the highest rate from 2016 to 2021. North America is expected to be the largest revenue generating region followed by Europe, whereas Asia-Pacific (APAC) and Latin America are expected to be emerging potential markets for retail sourcing and procurement solutions and services.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people.

By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
By Designation: C-level – 60%, Director-level – 25%, and others – 15%
By Region: North America – 10%, Europe– 20%, Asia-Pacific - 40%, and ROW – 30%

With the developments and innovations in cloud and mobile technologies, huge opportunity lies for retail companies to adopt sourcing and procurement solutions to increase their procurement related operational effectiveness and attain a high-level of customer satisfaction. Furthermore, the organizations are also turning toward consulting services for the deployment of the right solution as per their business objectives, thereby making it the fastest growing services segment.

The various key retail sourcing and procurement vendors and service providers profiled in the report are as follows:
1. SAP SE
2. Oracle Corporation
3. IBM Corporation
4. Epicor Software Corporation
5. JDA Software Group
6. SciQuest
7. GT Nexus
8. Zycus
9. PROACTIS
10. Ivalua

The key innovators profiled in this report are as follows:
1. Tradogram
2. GEP
3. Vroozi

The report will help the market leaders/new entrants in this market in the following ways:
1. This report segments the retail sourcing and procurement market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the user segments and regions.
2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to better understand the competitor and gain more insights to better their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers and acquisitions, and expansions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table GLOBAL RETAIL SOURCING AND PROCUREMENT MARKET SIZE AND GROWTH RATE, 2014-2021 (USD MILLION, Y-O-Y %)
    • Table GLOBAL RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (USD MILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE RETAIL SOURCING AND PROCUREMENT MARKET
    • RETAIL SOURCING AND PROCUREMENT MARKET: TOP THREE SOLUTIONS
    • GLOBAL RETAIL SOURCING AND PROCUREMENT MARKET, BY REGION AND SERVICE
    • RETAIL SOURCING AND PROCUREMENT MARKET POTENTIAL
    • RETAIL SOURCING AND PROCUREMENT USER TYPE MARKET (2021)
    • RETAIL SOURCING AND PROCUREMENT MARKET, BY SOLUTION (2016-2021)
    • RETAIL SOURCING AND PROCUREMENT REGIONAL MARKET
    • SOLUTIONS GROWTH MATRIX
    • LIFECYCLE ANALYSIS, BY REGION, 2016
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION
    • MARKET SEGMENTATION
      • BY SOLUTION
      • BY SERVICE
      • BY DEPLOYMENT TYPE
      • BY USER TYPE
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
      • BURNING ISSUE
  • INDUSTRY TRENDS
    • INTRODUCTION
    • RETAIL SOURCING AND PROCUREMENT ARCHITECTURE
    • VALUE CHAIN ANALYSIS
    • INDUSTRY STANDARDS AND REGULATIONS
      • INTRODUCTION
      • PUBLIC PROCUREMENT ACT
      • PUBLIC WORKS AND PROCUREMENT ACT
    • STRATEGIC BENCHMARKING
    • INNOVATION SPOTLIGHT
  • RETAIL SOURCING AND PROCUREMENT MARKET ANALYSIS, BY SOLUTION
    • INTRODUCTION
      • Table RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
    • STRATEGIC SOURCING
      • Table STRATEGIC SOURCING: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table STRATEGIC SOURCING: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • SUPPLIER MANAGEMENT
      • Table SUPPLIER MANAGEMENT: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table SUPPLIER MANAGEMENT: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CONTRACT MANAGEMENT
      • Table CONTRACT MANAGEMENT: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
      • Table CONTRACT MANAGEMENT: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • PROCURE-TO-PAY
      • Table PROCURE-TO-PAY: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table PROCURE-TO-PAY: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • SPEND ANALYSIS
      • Table SPEND ANALYSIS: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table SPEND ANALYSIS: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • RETAIL SOURCING AND PROCUREMENT MARKET ANALYSIS, BY SERVICE
    • INTRODUCTION
      • Table RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
    • IMPLEMENTATION
      • Table IMPLEMENTATION: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table IMPLEMENTATION: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TRAINING AND SUPPORT
      • Table TRAINING AND SUPPORT: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table TRAINING AND SUPPORT: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CONSULTING
      • Table CONSULTING: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table CONSULTING: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • RETAIL SOURCING AND PROCUREMENT MARKET ANALYSIS, BY DEPLOYMENT TYPE
    • INTRODUCTION
      • Table RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
    • CLOUD
      • Table CLOUD: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ON-PREMISES
      • Table ON-PREMISES: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • RETAIL SOURCING AND PROCUREMENT MARKET ANALYSIS, BY USER TYPE
    • INTRODUCTION
      • Table RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISE
      • Table SMALL AND MEDIUM ENTERPRISES: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table SMALL AND MEDIUM ENTERPRISES: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table SMALL AND MEDIUM ENTERPRISES: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • LARGE ENTERPRISE
      • Table LARGE ENTERPRISE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table LARGE ENTERPRISE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table LARGE ENTERPRISE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (US MILLION)
      • Table NORTH AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
      • UNITED STATES
        • Table U.S.: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (US MILLION)
        • Table U.S.: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
        • Table U.S.: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
        • Table U.S.: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
        • Table U.S.: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
      • CANADA
        • Table CANADA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (US MILLION)
        • Table CANADA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
        • Table CANADA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
        • Table CANADA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
        • Table CANADA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (US MILLION)
      • Table EUROPE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table EUROPE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table EUROPE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table EUROPE: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (US MILLION)
      • Table ASIA-PACIFIC: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (US MILLION)
      • Table MIDDLE EAST AND AFRICA : RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY COMPONENT, 2014-2021 (US MILLION)
      • Table LATIN AMERICA : RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SOLUTION, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY SERVICE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA : RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY USER TYPE, 2014-2021 (USD MILLION)
      • Table LATIN AMERICA: RETAIL SOURCING AND PROCUREMENT MARKET SIZE, BY DEPLOYMENT TYPE, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • PRODUCT PORTFOLIO COMPARISON
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2013-2016
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2013-2016
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2013-2016
      • EXPANSIONS
        • Table EXPANSIONS, 2014-2015
  • COMPANY PROFILES
    • INTRODUCTION
    • SAP SE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ORACLE CORPORATION
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EPICOR SOFTWARE CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • JDA SOFTWARE GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCIQUEST
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GT NEXUS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ZYCUS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • PROACTIS
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IVALUA
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • KEY INNOVATORS
    • TRADOGRAM
      • BUSINESS OVERVIEW
      • STRATEGIES AND INSIGHTS
    • GEP
      • BUSINESS OVERVIEW
      • STRATEGIES AND INSIGHTS
    • VROOZI
      • BUSINESS OVERVIEW
      • STRATEGIES AND INSIGHTS
    • CEGID
      • BUSINESS OVERVIEW
  • APPENDIX
    • INDUSTRY EXCERPTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report