Procurement Outsourcing Grows to a $1B market
-- Purchasing, 10/15/2009 2:00:00 AM
What do other buyers think?
Curious to know what other purchasing and supply chain professionals think about this topic? Start a conversation now on PurchasingBizconnect, the web's premier online networking site for purchasing and supply chain professionals.
According to the recent Black Book of Outsourcing Report, procurement outsourcing is the fastest growing back-office area of business process outsourcing. The outsourced procurement solutions market is forecast to expand dramatically from $700 million in 2008 to an estimated $1.1 billion market this year. And it's expected to pass the $3.5 billion mark in 2012, representing a 41% compound annual growth rate.
Talkback
Consumer Spending Jumps
10/15/2009Ethanol Suppliers Expand
10/15/2009Procurement outsourcing spikes in recession
09/02/2009Fiat to Buy More in India
10/15/2009Exxon expands in China
10/15/2009
Sponsored Links
Now Playing: 