The Business Research Company’s report goes into great detail on the retail sourcing and procurement market size and growth, retail sourcing and procurement market regional analysis, retail sourcing and procurement market competitive landscape, and other critical information needed to excel in the retail sourcing and procurement industry.

Major players in the retail sourcing and procurement market include SAP SE, Oracle, IBM Corporation, Epicor, Proactis Holdings Plc., Zycus Inc., Blue Yonder Group Inc., Basware, Koch Industries Inc., Ivalua Inc, and GT Nexus.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global retail sourcing and procurement market size is expected to grow from $3.72 billion in 2021 to $4.35 billion in 2022 at a compound annual growth rate (CAGR) of 16.7%. The global retail sourcing and procurement market size is expected to grow to $7.16 billion in 2026 at a CAGR of 13.3%.

North America was the largest region in the retail sourcing and procurement market in 2021.

The retail sourcing and procurement market consists of sales of retail sourcing and procurement services by entities (organizations, sole traders, and partnerships) that refer to services that are used by organizations to evaluate and engage suppliers in the acquisition of products and services. Retail procurement involves identifying and purchasing the products which retailers want to sell. Retail sourcing and procurement include different types of technologies such as mobile, automated, and cloud technology. These technologies help us in activities like insourcing, outsourcing, and global and strategic sourcing. Retail sourcing and procurement make things easier for supplier and contract management.

The increasing digitalization is expected to propel the growth of the retail sourcing and procurement market going forward.

Request a Sample of the Global Retail Sourcing And Procurement Market Report

Strategic collaborations have emerged as a key trend gaining popularity in the retail sourcing and procurement market. Companies operating in retail sourcing and procurement solutions and services are undergoing partnerships to sustain their position in the market.

TBRC’s Global Retail Sourcing And Procurement Market Report Is Segmented:
By Solution: Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay, Spend Analysis

By Service: Implementation, Consulting, Training and Support

By Deployment: On-Premise, Hybrid, Cloud

By End-User: Small and Medium Enterprises (SMEs), Large Enterprises

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Retail Sourcing And Procurement Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the retail sourcing and procurement market globally and regionally, analyzes and forecasts market size, share, retail sourcing and procurement market players, retail sourcing and procurement market segments, leading competitor revenues, profiles and market shares.

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