Horses for Sources: 2013 Procurement Outsourcing Blueprint

HfS Principal Analyst Brian Dubiel provides insights into the procurement outsourcing market. Providers “that are driving the world of procurement outsourcing” are visualized in the report “HfS Blueprint 2013: Procurement Outsourcing.” Making the Winners Circle are Accenture, IBM, Procurian, Infosys and GEP. Highlights from Mr. Dubiel (directly quoted):

  • The Procurement Outsourcing (PO) market has quickly become one of the fastest growing BPO segments in the market, growing at an annual rate of 12% over the next 5 years, and expected to reach $3.4 Billion in expenditure this year. 
  • As growth continues, the scope of PO services has grown from the more transactional P2P elements of the value chain, to one where more strategic processes are being outsourced, such as strategic sourcing, vendor governance and spend analytics, which is redefining the market differentiators among providers. 

Click here for the full text of the post and a view of the Blueprint.

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