Global Strategic Sourcing Market

Strategic Sourcing Comprehensive Study by Components (Software, Services), Vertical (Retail & E-commerce, Chemical, Electronics & Semiconductors, Manufacturing, Automotive, BFSI, Others), Organization Size (Small & Medium Enterprises, Large Enterprises), Deployment (Cloud, On-premises) Players and Region - Global Market Outlook to 2028

Strategic Sourcing Market by XX Submarkets | Forecast Years 2023-2028  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Industry Background:
Strategic sourcing refers to the process of identifying, evaluating, and selecting suppliers or vendors to obtain goods or services that are critical to a company's operations. Strategic sourcing aims to optimize costs, increase efficiency, and improve the quality of goods or services purchased by an organization. The strategic sourcing market is driven by the need for organizations to manage their supply chain and procurement processes efficiently. With increasing competition and market pressures, organizations are seeking to reduce costs, improve quality, and increase operational efficiency. Strategic sourcing helps organizations achieve these goals by identifying the most cost-effective suppliers, negotiating favorable contracts, and managing supplier relationships to ensure that goods or services are delivered on time and at the desired quality.

AttributesDetails
Study Period2018-2028
Base Year2022
UnitValue (USD Million)
Key Companies ProfiledCorcentric (United States), Argon & Co (France), ProcureAbility (United States), Avasant (United States), Precoro Inc. (United States), Bain & Company (United States), McKinsey & Company (United States), Workday, Inc. (United States), Insight Sourcing Group (United States), Centric Consulting (United States) and SAP (Germany)


This growth is primarily driven by Technological Developments and Increasing Awareness Among Manufacturers for Improved Procurement Process and Growing Need for Strategic Sourcing to Purchase Products at Lowest Cost.

Globally, a noticeable market trend is evident Integration of Advanced Technologies Such as AI, ML, and NLP in the Strategic Sourcing Solutions Major Players, such as Corcentric (United States), Argon & Co (France), ProcureAbility (United States), Avasant (United States), Precoro Inc. (United States), Bain & Company (United States), McKinsey & Company (United States), Workday, Inc. (United States), Insight Sourcing Group (United States), Centric Consulting (United States) and SAP (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market

Key Developments in the Market:
In August 2021, SAP Ariba, a provider of procurement solutions, acquired Allocation Network, a provider of direct materials sourcing and supply chain collaboration solutions. The acquisition allowed SAP Ariba to enhance its strategic sourcing capabilities and offer customers a complete source-to-pay solution.
In February 2021, Expenzing announced the launch of its Strategic Sourcing Software Version 5 to accelerate the digital transformation of e-procurement. The new strategic sourcing version has the ability to integrate with multiple Procure-to-Pay systems and run multi-stage RFPs starting from a one-stage RFP to consecutive RFPs which start with a non-commercial Request for Information to commercial responses.

Influencing Trend:
Integration of Advanced Technologies Such as AI, ML, and NLP in the Strategic Sourcing Solutions

Market Growth Drivers:
Technological Developments and Increasing Awareness Among Manufacturers for Improved Procurement Process and Growing Need for Strategic Sourcing to Purchase Products at Lowest Cost

Challenges:
High Cost of Advanced Strategic Sourcing Solutions May Create Hurdles

Restraints:
Lack of Transparency and Inaccurate Data Can Affect the Procurement Decisions

Opportunities:
Growing Adoption of Supply Chain as a Service and Outsourcing Services by the SMEs

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 mostly 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 growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.

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 in Strategic Sourcing Market
- Analysis about New Entrants in Strategic Sourcing Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators

Against this Challenging Backdrop, Strategic Sourcing Study Sheds Light on
— The Strategic Sourcing Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Strategic Sourcing industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Strategic Sourcing 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.

Report Objectives / Segmentation Covered

By Components
  • Software
  • Services

By Vertical
  • Retail & E-commerce
  • Chemical
  • Electronics & Semiconductors
  • Manufacturing
  • Automotive
  • BFSI
  • Others

By Organization Size
  • Small & Medium Enterprises
  • Large Enterprises

By Deployment
  • Cloud
  • On-premises

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
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Technological Developments and Increasing Awareness Among Manufacturers for Improved Procurement Process
      • 3.2.2. Growing Need for Strategic Sourcing to Purchase Products at Lowest Cost
    • 3.3. Market Challenges
      • 3.3.1. High Cost of Advanced Strategic Sourcing Solutions May Create Hurdles
    • 3.4. Market Trends
      • 3.4.1. Integration of Advanced Technologies Such as AI, ML, and NLP in the Strategic Sourcing Solutions
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Strategic Sourcing, by Components, Vertical, Organization Size, Deployment and Region (value) (2017-2022)
    • 5.1. Introduction
    • 5.2. Global Strategic Sourcing (Value)
      • 5.2.1. Global Strategic Sourcing by: Components (Value)
        • 5.2.1.1. Software
        • 5.2.1.2. Services
      • 5.2.2. Global Strategic Sourcing by: Vertical (Value)
        • 5.2.2.1. Retail & E-commerce
        • 5.2.2.2. Chemical
        • 5.2.2.3. Electronics & Semiconductors
        • 5.2.2.4. Manufacturing
        • 5.2.2.5. Automotive
        • 5.2.2.6. BFSI
        • 5.2.2.7. Others
      • 5.2.3. Global Strategic Sourcing by: Organization Size (Value)
        • 5.2.3.1. Small & Medium Enterprises
        • 5.2.3.2. Large Enterprises
      • 5.2.4. Global Strategic Sourcing by: Deployment (Value)
        • 5.2.4.1. Cloud
        • 5.2.4.2. On-premises
      • 5.2.5. Global Strategic Sourcing Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
  • 6. Strategic Sourcing: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2022)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Corcentric (United States)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Argon & Co (France)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. ProcureAbility (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Avasant (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Precoro Inc. (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Bain & Company (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. McKinsey & Company (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Workday, Inc. (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Insight Sourcing Group (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Centric Consulting (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
      • 6.4.11. SAP (Germany)
        • 6.4.11.1. Business Overview
        • 6.4.11.2. Products/Services Offerings
        • 6.4.11.3. Financial Analysis
        • 6.4.11.4. SWOT Analysis
  • 7. Global Strategic Sourcing Sale, by Components, Vertical, Organization Size, Deployment and Region (value) (2023-2028)
    • 7.1. Introduction
    • 7.2. Global Strategic Sourcing (Value)
      • 7.2.1. Global Strategic Sourcing by: Components (Value)
        • 7.2.1.1. Software
        • 7.2.1.2. Services
      • 7.2.2. Global Strategic Sourcing by: Vertical (Value)
        • 7.2.2.1. Retail & E-commerce
        • 7.2.2.2. Chemical
        • 7.2.2.3. Electronics & Semiconductors
        • 7.2.2.4. Manufacturing
        • 7.2.2.5. Automotive
        • 7.2.2.6. BFSI
        • 7.2.2.7. Others
      • 7.2.3. Global Strategic Sourcing by: Organization Size (Value)
        • 7.2.3.1. Small & Medium Enterprises
        • 7.2.3.2. Large Enterprises
      • 7.2.4. Global Strategic Sourcing by: Deployment (Value)
        • 7.2.4.1. Cloud
        • 7.2.4.2. On-premises
      • 7.2.5. Global Strategic Sourcing Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Strategic Sourcing: by Components(USD Million)
  • Table 2. Strategic Sourcing Software , by Region USD Million (2017-2022)
  • Table 3. Strategic Sourcing Services , by Region USD Million (2017-2022)
  • Table 4. Strategic Sourcing: by Vertical(USD Million)
  • Table 5. Strategic Sourcing Retail & E-commerce , by Region USD Million (2017-2022)
  • Table 6. Strategic Sourcing Chemical , by Region USD Million (2017-2022)
  • Table 7. Strategic Sourcing Electronics & Semiconductors , by Region USD Million (2017-2022)
  • Table 8. Strategic Sourcing Manufacturing , by Region USD Million (2017-2022)
  • Table 9. Strategic Sourcing Automotive , by Region USD Million (2017-2022)
  • Table 10. Strategic Sourcing BFSI , by Region USD Million (2017-2022)
  • Table 11. Strategic Sourcing Others , by Region USD Million (2017-2022)
  • Table 12. Strategic Sourcing: by Organization Size(USD Million)
  • Table 13. Strategic Sourcing Small & Medium Enterprises , by Region USD Million (2017-2022)
  • Table 14. Strategic Sourcing Large Enterprises , by Region USD Million (2017-2022)
  • Table 15. Strategic Sourcing: by Deployment(USD Million)
  • Table 16. Strategic Sourcing Cloud , by Region USD Million (2017-2022)
  • Table 17. Strategic Sourcing On-premises , by Region USD Million (2017-2022)
  • Table 18. South America Strategic Sourcing, by Country USD Million (2017-2022)
  • Table 19. South America Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 20. South America Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 21. South America Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 22. South America Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 23. Brazil Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 24. Brazil Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 25. Brazil Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 26. Brazil Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 27. Argentina Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 28. Argentina Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 29. Argentina Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 30. Argentina Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 31. Rest of South America Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 32. Rest of South America Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 33. Rest of South America Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 34. Rest of South America Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 35. Asia Pacific Strategic Sourcing, by Country USD Million (2017-2022)
  • Table 36. Asia Pacific Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 37. Asia Pacific Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 38. Asia Pacific Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 39. Asia Pacific Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 40. China Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 41. China Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 42. China Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 43. China Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 44. Japan Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 45. Japan Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 46. Japan Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 47. Japan Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 48. India Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 49. India Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 50. India Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 51. India Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 52. South Korea Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 53. South Korea Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 54. South Korea Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 55. South Korea Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 56. Taiwan Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 57. Taiwan Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 58. Taiwan Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 59. Taiwan Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 60. Australia Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 61. Australia Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 62. Australia Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 63. Australia Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 64. Rest of Asia-Pacific Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 65. Rest of Asia-Pacific Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 66. Rest of Asia-Pacific Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 67. Rest of Asia-Pacific Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 68. Europe Strategic Sourcing, by Country USD Million (2017-2022)
  • Table 69. Europe Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 70. Europe Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 71. Europe Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 72. Europe Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 73. Germany Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 74. Germany Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 75. Germany Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 76. Germany Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 77. France Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 78. France Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 79. France Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 80. France Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 81. Italy Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 82. Italy Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 83. Italy Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 84. Italy Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 85. United Kingdom Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 86. United Kingdom Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 87. United Kingdom Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 88. United Kingdom Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 89. Netherlands Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 90. Netherlands Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 91. Netherlands Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 92. Netherlands Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 93. Rest of Europe Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 94. Rest of Europe Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 95. Rest of Europe Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 96. Rest of Europe Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 97. MEA Strategic Sourcing, by Country USD Million (2017-2022)
  • Table 98. MEA Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 99. MEA Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 100. MEA Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 101. MEA Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 102. Middle East Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 103. Middle East Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 104. Middle East Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 105. Middle East Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 106. Africa Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 107. Africa Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 108. Africa Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 109. Africa Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 110. North America Strategic Sourcing, by Country USD Million (2017-2022)
  • Table 111. North America Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 112. North America Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 113. North America Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 114. North America Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 115. United States Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 116. United States Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 117. United States Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 118. United States Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 119. Canada Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 120. Canada Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 121. Canada Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 122. Canada Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 123. Mexico Strategic Sourcing, by Components USD Million (2017-2022)
  • Table 124. Mexico Strategic Sourcing, by Vertical USD Million (2017-2022)
  • Table 125. Mexico Strategic Sourcing, by Organization Size USD Million (2017-2022)
  • Table 126. Mexico Strategic Sourcing, by Deployment USD Million (2017-2022)
  • Table 127. Company Basic Information, Sales Area and Its Competitors
  • Table 128. Company Basic Information, Sales Area and Its Competitors
  • Table 129. Company Basic Information, Sales Area and Its Competitors
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Strategic Sourcing: by Components(USD Million)
  • Table 139. Strategic Sourcing Software , by Region USD Million (2023-2028)
  • Table 140. Strategic Sourcing Services , by Region USD Million (2023-2028)
  • Table 141. Strategic Sourcing: by Vertical(USD Million)
  • Table 142. Strategic Sourcing Retail & E-commerce , by Region USD Million (2023-2028)
  • Table 143. Strategic Sourcing Chemical , by Region USD Million (2023-2028)
  • Table 144. Strategic Sourcing Electronics & Semiconductors , by Region USD Million (2023-2028)
  • Table 145. Strategic Sourcing Manufacturing , by Region USD Million (2023-2028)
  • Table 146. Strategic Sourcing Automotive , by Region USD Million (2023-2028)
  • Table 147. Strategic Sourcing BFSI , by Region USD Million (2023-2028)
  • Table 148. Strategic Sourcing Others , by Region USD Million (2023-2028)
  • Table 149. Strategic Sourcing: by Organization Size(USD Million)
  • Table 150. Strategic Sourcing Small & Medium Enterprises , by Region USD Million (2023-2028)
  • Table 151. Strategic Sourcing Large Enterprises , by Region USD Million (2023-2028)
  • Table 152. Strategic Sourcing: by Deployment(USD Million)
  • Table 153. Strategic Sourcing Cloud , by Region USD Million (2023-2028)
  • Table 154. Strategic Sourcing On-premises , by Region USD Million (2023-2028)
  • Table 155. South America Strategic Sourcing, by Country USD Million (2023-2028)
  • Table 156. South America Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 157. South America Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 158. South America Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 159. South America Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 160. Brazil Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 161. Brazil Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 162. Brazil Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 163. Brazil Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 164. Argentina Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 165. Argentina Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 166. Argentina Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 167. Argentina Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 168. Rest of South America Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 169. Rest of South America Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 170. Rest of South America Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 171. Rest of South America Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 172. Asia Pacific Strategic Sourcing, by Country USD Million (2023-2028)
  • Table 173. Asia Pacific Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 174. Asia Pacific Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 175. Asia Pacific Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 176. Asia Pacific Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 177. China Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 178. China Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 179. China Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 180. China Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 181. Japan Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 182. Japan Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 183. Japan Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 184. Japan Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 185. India Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 186. India Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 187. India Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 188. India Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 189. South Korea Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 190. South Korea Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 191. South Korea Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 192. South Korea Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 193. Taiwan Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 194. Taiwan Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 195. Taiwan Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 196. Taiwan Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 197. Australia Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 198. Australia Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 199. Australia Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 200. Australia Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 201. Rest of Asia-Pacific Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 202. Rest of Asia-Pacific Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 203. Rest of Asia-Pacific Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 204. Rest of Asia-Pacific Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 205. Europe Strategic Sourcing, by Country USD Million (2023-2028)
  • Table 206. Europe Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 207. Europe Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 208. Europe Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 209. Europe Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 210. Germany Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 211. Germany Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 212. Germany Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 213. Germany Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 214. France Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 215. France Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 216. France Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 217. France Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 218. Italy Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 219. Italy Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 220. Italy Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 221. Italy Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 222. United Kingdom Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 223. United Kingdom Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 224. United Kingdom Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 225. United Kingdom Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 226. Netherlands Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 227. Netherlands Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 228. Netherlands Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 229. Netherlands Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 230. Rest of Europe Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 231. Rest of Europe Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 232. Rest of Europe Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 233. Rest of Europe Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 234. MEA Strategic Sourcing, by Country USD Million (2023-2028)
  • Table 235. MEA Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 236. MEA Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 237. MEA Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 238. MEA Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 239. Middle East Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 240. Middle East Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 241. Middle East Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 242. Middle East Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 243. Africa Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 244. Africa Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 245. Africa Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 246. Africa Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 247. North America Strategic Sourcing, by Country USD Million (2023-2028)
  • Table 248. North America Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 249. North America Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 250. North America Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 251. North America Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 252. United States Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 253. United States Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 254. United States Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 255. United States Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 256. Canada Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 257. Canada Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 258. Canada Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 259. Canada Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 260. Mexico Strategic Sourcing, by Components USD Million (2023-2028)
  • Table 261. Mexico Strategic Sourcing, by Vertical USD Million (2023-2028)
  • Table 262. Mexico Strategic Sourcing, by Organization Size USD Million (2023-2028)
  • Table 263. Mexico Strategic Sourcing, by Deployment USD Million (2023-2028)
  • Table 264. Research Programs/Design for This Report
  • Table 265. Key Data Information from Secondary Sources
  • Table 266. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Strategic Sourcing: by Components USD Million (2017-2022)
  • Figure 5. Global Strategic Sourcing: by Vertical USD Million (2017-2022)
  • Figure 6. Global Strategic Sourcing: by Organization Size USD Million (2017-2022)
  • Figure 7. Global Strategic Sourcing: by Deployment USD Million (2017-2022)
  • Figure 8. South America Strategic Sourcing Share (%), by Country
  • Figure 9. Asia Pacific Strategic Sourcing Share (%), by Country
  • Figure 10. Europe Strategic Sourcing Share (%), by Country
  • Figure 11. MEA Strategic Sourcing Share (%), by Country
  • Figure 12. North America Strategic Sourcing Share (%), by Country
  • Figure 13. Global Strategic Sourcing share by Players 2022 (%)
  • Figure 14. Global Strategic Sourcing share by Players (Top 3) 2022(%)
  • Figure 15. Global Strategic Sourcing share by Players (Top 5) 2022(%)
  • Figure 16. BCG Matrix for key Companies
  • Figure 17. Corcentric (United States) Revenue, Net Income and Gross profit
  • Figure 18. Corcentric (United States) Revenue: by Geography 2022
  • Figure 19. Argon & Co (France) Revenue, Net Income and Gross profit
  • Figure 20. Argon & Co (France) Revenue: by Geography 2022
  • Figure 21. ProcureAbility (United States) Revenue, Net Income and Gross profit
  • Figure 22. ProcureAbility (United States) Revenue: by Geography 2022
  • Figure 23. Avasant (United States) Revenue, Net Income and Gross profit
  • Figure 24. Avasant (United States) Revenue: by Geography 2022
  • Figure 25. Precoro Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 26. Precoro Inc. (United States) Revenue: by Geography 2022
  • Figure 27. Bain & Company (United States) Revenue, Net Income and Gross profit
  • Figure 28. Bain & Company (United States) Revenue: by Geography 2022
  • Figure 29. McKinsey & Company (United States) Revenue, Net Income and Gross profit
  • Figure 30. McKinsey & Company (United States) Revenue: by Geography 2022
  • Figure 31. Workday, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 32. Workday, Inc. (United States) Revenue: by Geography 2022
  • Figure 33. Insight Sourcing Group (United States) Revenue, Net Income and Gross profit
  • Figure 34. Insight Sourcing Group (United States) Revenue: by Geography 2022
  • Figure 35. Centric Consulting (United States) Revenue, Net Income and Gross profit
  • Figure 36. Centric Consulting (United States) Revenue: by Geography 2022
  • Figure 37. SAP (Germany) Revenue, Net Income and Gross profit
  • Figure 38. SAP (Germany) Revenue: by Geography 2022
  • Figure 39. Global Strategic Sourcing: by Components USD Million (2023-2028)
  • Figure 40. Global Strategic Sourcing: by Vertical USD Million (2023-2028)
  • Figure 41. Global Strategic Sourcing: by Organization Size USD Million (2023-2028)
  • Figure 42. Global Strategic Sourcing: by Deployment USD Million (2023-2028)
  • Figure 43. South America Strategic Sourcing Share (%), by Country
  • Figure 44. Asia Pacific Strategic Sourcing Share (%), by Country
  • Figure 45. Europe Strategic Sourcing Share (%), by Country
  • Figure 46. MEA Strategic Sourcing Share (%), by Country
  • Figure 47. North America Strategic Sourcing Share (%), by Country
List of companies from research coverage that are profiled in the study
  • Corcentric (United States)
  • Argon & Co (France)
  • ProcureAbility (United States)
  • Avasant (United States)
  • Precoro Inc. (United States)
  • Bain & Company (United States)
  • McKinsey & Company (United States)
  • Workday, Inc. (United States)
  • Insight Sourcing Group (United States)
  • Centric Consulting (United States)
  • SAP (Germany)
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May 2023 196 Pages 68 Tables Base Year: 2022 Coverage: 15+ Companies; 18 Countries

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Global Strategic Sourcing Market Quantitative research analysis
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Top performing companies in the Global Strategic Sourcing market are Corcentric (United States), Argon & Co (France), ProcureAbility (United States), Avasant (United States), Precoro Inc. (United States), Bain & Company (United States), McKinsey & Company (United States), Workday, Inc. (United States), Insight Sourcing Group (United States), Centric Consulting (United States) and SAP (Germany), to name a few.
is dominating the Strategic Sourcing Market.
"High Cost of Advanced Strategic Sourcing Solutions May Create Hurdles" is seen as one of the major challenges by many Industry Players of Strategic Sourcing Market
The Strategic Sourcing market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get complete companies available in our research coverage.
The Strategic Sourcing market is expected to see a steady growth rate during projected year 2022 to 2028.

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