Global Strategic Sourcing Solution Market

Strategic Sourcing Solution Comprehensive Study by Application (Manufacturing, Retail, IT & Telecom, Healthcare), Deployment Mode (Cloud Based, On-premises), Enterprise (SMEs, Large Enterprises) Players and Region - Global Market Outlook to 2032

Name: Strategic Sourcing Solution Comprehensive Study by Application (Manufacturing, Retail, IT & Telecom, Healthcare), Deployment Mode (Cloud Based, On-premises), Enterprise (SMEs, Large Enterprises) Players and Region - Global Market Outlook to 2032
Brand: AMA Research
SKU: 180630
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Strategic Sourcing Solution Market by XX Submarkets | Forecast Years 2025-2032

Summary
Market Segments
Table of Content
List of Table & Figures
Players Profiled

Summary

Industry Background:

Strategic sourcing solutions provides advanced supply management Efficiency Consulting, Cost Reduction, Skills Testing, Training, and Staff Augmentation Services to leading companies and public sector organizations. Also intention of strategic sourcing processes is continuous improvement and re-evaluation of the purchasing activities of an organisation. Data collection, spend analysis, market research, negotiation, and contracting these are techniques that invloved primaraly in this process. Strategic sourcing is often deployed as a shared service, even for very large organizations, and are used for managing all types of spend.This growth is primarily driven by Increasing Acceptance Of The Technological Solutions.

Attributes	Details
Study Period	2020-2032
Base Year	2024
Forecast Period	2025-2032
Volume Unit	N
Value Unit	USD (Million)
Customization Scope	Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility

The Cloud Computing sector in the region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as ProcurePort (United States), PRM360 (India), Zycus (United States), Fairmarkit (United States), MarketDojo (United States), ProcureWare (United States), Prokuria (Romania), Xeeva (United States), Promena (India) and Medius (Sweden), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.

On 14 May 2019 LevaData, the company that delivers applied AI to transform strategic sourcing and procurement,announced the launch of LevaData NPI (New Product Introduction), a solution extension of the LevaData Cognitive Sourcing Platform. Designed and built for enterprise manufacturing companies, LevaData NPI offers industry-first supply chain insights and actionable guidance to product planning, launch and introduction teams. LevaData NPI applies artificial intelligence (AI) to direct procurement data and integrates analyst findings and benchmarks, as well as enterprise buyer and seller activity on the LevaData procurement network, in order to identify opportunities for NPI teams to achieve target cost goals and greater agility while decreasing manufacturing risk and increasing profit margins.The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.

Influencing Trend:

Integration With Advance Technologies

Market Growth Drivers:

Increasing Acceptance Of The Technological Solutions

Challenges:

Fierce Competitive Pressure

Restraints:

Lack Of Trained Professionals

Opportunities:

Increasing Adoption Across Western Regions

AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.

Data Sources of Strategic Sourcing Solution Market Study

Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Strategic Sourcing Solution Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.

The primary interviews and data collected as per the below protocols:
• By Designation: C-Level, D-Level, Others
• By Company Type: Tier 1, Tier 2, Tier 3

Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Strategic Sourcing Solution players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.

Customization in the Report

AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis

Against this Challenging Backdrop, Strategic Sourcing Solution Study Sheds Light on

— The Strategic Sourcing Solution Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Strategic Sourcing Solution industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Strategic Sourcing Solution industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.

Market Segments

Report Objectives / Segmentation Covered

By Application

Manufacturing
Retail
IT & Telecom
Healthcare

By Deployment Mode

Cloud Based
On-premises

By Enterprise

SMEs
Large Enterprises

By Regions

South America
- Brazil
- Argentina
- Rest of South America
Asia Pacific
- China
- Japan
- India
- South Korea
- Taiwan
- Australia
- Rest of Asia-Pacific
Europe
- Germany
- France
- Italy
- United Kingdom
- Netherlands
- Rest of Europe
MEA
- Middle East
- Africa
North America
- United States
- Canada
- Mexico

Table of Content

List of Tables & Figures

List of Tables

List of Figures

Companies Mentioned

List of companies from research coverage that are profiled in the study

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Key Highlights of Report

Feb 2025 202 Pages 56 Tables Base Year: 2024 Coverage: 15+ Companies; 18 Countries

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Global Strategic Sourcing Solution Market Quantitative research analysis

Global Strategic Sourcing Solution Market Qualitative Industry Analysis

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Frequently Asked Questions (FAQ):

What are the years considered in the Strategic Sourcing Solution Market?

Historical year: 2020-2024; Base year: 2024; Forecast period: 2025 to 2032

Who are the key players profiled in the Strategic Sourcing Solution Market?

Companies that are profiled in Global Strategic Sourcing Solution Market are ProcurePort (United States), PRM360 (India), Zycus (United States), Fairmarkit (United States), MarketDojo (United States), ProcureWare (United States), Prokuria (Romania), Xeeva (United States), Promena (India) and Medius (Sweden) etc.

Why Strategic Sourcing Solution industry players are focusing on Manufacturing application?

Manufacturing segment in Global market to hold robust market share owing to "Increasing Acceptance Of The Technological Solutions".

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