Retail Sourcing and Procurement Market is Booming Worldwide | Kinaxis, Manhattan Associates, Proactis Holdings

PRESS RELEASE
Published February 8, 2023

AMA Research started a new business research with title Global Retail Sourcing and Procurement Market Study Forecast till 2028 . This Global Retail Sourcing and Procurement market report brings data for the estimated year 2021 and forecasted till 2028 in terms of both, value (US$ MN) and volume (MT). The report also consists of detailed assessment macroeconomic factors, and a market outlook of the Retail Sourcing and Procurement market. The study is conducted by applying both top-down and bottom-up approaches and further iterative methods used to validate and size market estimation and trends of the Global Retail Sourcing and Procurement market. Additionally to compliment insights EXIM data, consumption, supply and demand Figures, raw price analysis, market revenue and gross margins. Some of the companies listed in the research study are Kinaxis (Canada), Manhattan Associates (United States), Proactis Holdings Plc. (United Kingdom), Coupa Software (United States), HighJump. (United States), Basware Corporation (Finland), SAP SE (Germany), Oracle Corporation (United States), IBM Corporation (United States), Epicor Software Corporation (United States).

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Scope of the Report of Retail Sourcing and Procurement
The sourcing & procurement processes are designed in order to evaluate and engage the suppliers for acquiring goods and services. It comprises processes such as insourcing, outsourcing, global sourcing, and strategic sourcing among others. In order to enhance the consumer experience, the retail industry has shifted to automated, industrialized, and cloud-based solutions for the retention of the customers. To increase the business and sales the retail industry has focused on the adoption of cloud and mobile technologies for the procurement and sourcing activities.

The titled segments and sub-section of the market are illuminated below:
by Deployment Mode (On-cloud, On-premises), Services (Training and Support, Implementation and Consulting), Enterprise Size (Small and Medium Retail Enterprise, Large Retail Enterprise), Solution Type (Procure-to-pay, Strategic sourcing, Supplier management, Contract management, Spend analysis, Others)

Market Drivers:
Rising Demand for Centralized Procurement
Increasing Focus on Digital Transformation
Need For Increased Visibility in Supply Chain

Market Trends:
Growing Interest of Retailers in Predictive
Analytics Automation in Procurement Activities

Opportunities:
Rapid Economic Growth and Disposable Income in Emerging Economies
Retailers Increasingly Adopting Omni Channel Strategy
Increasing Business Complexities and Globalization

Market Leaders and their expansionary development strategies:
On 7 Feb 2019, Zycus, a leading worldwide provider of comprehensive and end-to-end Source-to-Pay software suite has announced that a leading department store chain in North America has entered into an agreement with Zycus for its eSourcing, Contract, Request and Project Management solutions and will start the implementation of all the software soon.

On 31 Dec 2018, Zycus, a leading global provider of comprehensive and end-to-end Source-to-Pay software suite has announced that a leading food retailer based in the Netherlands has selected Zycus’ software solutions to support its procurement transformation. It is a retail company, operating supermarkets, and e-commerce businesses. and On 3 Oct 2018, JAGGAER, the world’s largest independent spend management company, announced a partnership with Velocity Procurement, a best in class procurement consultancy and technology services provider, to deliver fully integrated, transformative procurement automation and spend management optimization solutions.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Retail Sourcing and Procurement Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Retail Sourcing and Procurement market

Chapter 2: Exclusive Summary – the basic information of the Retail Sourcing and Procurement Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Retail Sourcing and Procurement

Chapter 4: Presenting the Retail Sourcing and Procurement Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Retail Sourcing and Procurement market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Retail Sourcing and Procurement Market is a valuable source of guidance for individuals and companies.

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